Investors’ Return in Nigerian’s Stock Market Up N4.6tn in One Week  

Investors' average return on the Nigerian stock market appreciated by N4.6 trillion week-on-week, driven by renewed demand across selected major indices. The Nigerian Exchange Limited All-Share Index gained 2.78 percent or 6,751.82 basis points week-on-week to close at 249,804.56 points from 243,052.74 basis points. Demand for First Holdco Plc, Aradel Holdings Plc, BUA Cement Plc, MTN Nigerian Communications Plc and Zenith Bank Plc drove the index's Month-to-Date and Year-to-Date returns to +2.3 percent and +60.5 percent respectively. Market capitalisation increased by N4.6 trillion to close the week at N162.157 trillion from N157.587 trillion, with broadly positive sectoral performance.

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