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Stocks Hit New High as Investors Eye Sector Picks
The Business NG
|The BusinessNG
The Nigerian equities market rebounded impressively last week, defying midweek holidays for Eid-el-Kabir and Democracy Day to close at a historic high. Buoyed by investor optimism, the NGX All-Share Index (ASI) surged 0.71% to a new all-time record of 115,429.54 points on Friday, up from 114,616.75 points. As of June 5, 2025, total market capitalisation stood at 72.79 trillion, with a year-to-date (YTD) return of 12.15%.
The bullish run was largely driven by positive sentiment across select sectors, although performance was mixed. The NGX Consumer Goods Index le
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