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Nigerian Stocks Rally, Investors Gain N486 Billion as All-Share Index Rises
The Business NG
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The Nigerian Exchange (NGX) closed the week on a bullish note as the All-Share Index (ASI) surged by 67 basis points on Friday, settling at 115,429.54 points—up from 114,659.11 in the previous session.
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This positive momentum raised the year-to-date return to 12.15%, reinforcing investor optimism in the domestic equities market.
The rally led to a ₦485.82 billion boost in market capitalisation, which climbed to ₦72.79 trillion, fueled by renewed buying interest across key sectors. Notable gainers included Stanbic IBTC Holdings (+9.98%), MRS Oil (+9.94%), Fidson Healthcare (+9.87%), Oando (+9.35%), and Custodian Investment (+8.26%).
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हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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