The Nigerian stock market witnessed ongoing positive momentum as investors gained N363 billion, bringing the cumulative capital appreciation for the year to N3.04 trillion.
The Nigerian Exchange Limited (NGX) All-Share Index (ASI) closed 0.83 percent higher, crossing the 80,000-point mark to reach 80,328.58 points.
The market capitalization rose to N43.957 trillion, marking a 0.83 percent increase. Notably, Zenith Bank, Guaranty Trust Company (GTCo), and United Bank for Africa (UBA) drove the market performance with positive returns.
All five sectors, including insurance, banking, industrial goods, oil & gas, and consumer goods, reflected overall market appreciation.
The market saw increased activity, with total traded volume rising by 33.3 percent to 1.19 billion units, and the value traded increasing by 6.48% to N15.26 billion.
