Equity market opens week with N10bn gain

01/21/2025

The Nigerian Stock Exchange made a profit on Monday with a market capitalisation increase of N10bn.

The All Share Index appreciated by 0.02 percent, closing at 102,370.62 points, slightly up from 102,353.68 points recorded on the previous trading day.

Despite the positive movement, the market is still negative for both the year-to-date and month-to-date, with a decrease of -0.48 percent for each, while the week-to-date figure, however, stands at a modest 0.02 percent increase.

A total of 1,250,749,735 shares were traded across 11,477 deals, valued at N16.35bn.

Recall that the Nigerian equity market experienced a loss last week, shedding N1.45tn in market capitalisation.

The All-Share Index fell by 2.94 per cent, closing the week at 102,353.68 points, while the market capitalisation also dropped by 2.26 per cent to N62.85 trillion.

Written by: bossgmsi

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