NGX volume plunges 60 percent as selective buying lifts index

Trading activity on the Nigerian Exchange Limited (NGX) contracted sharply last week, with equity volume falling by 59.8 percent week-on-week. However, the benchmark index recovered, gaining 0.81 percent, driven by renewed buying interest in selected large-cap stocks. Investors traded 2.507 billion shares worth N123.223 billion during the period.

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