Investors Record N144bn Gain as Market Cap Rebounds to N90trn
The Nigerian Exchange Limited NGX on Thursday reclaimed N90 trillion in market capitalisation as investors gained about N144 billion.
The equity market closed in positive territory, extending its bullish momentum from the previous sessions. Key performance indicators surged by 16 basis points, while year to date return advanced to 38.22.
The market rally was driven by investors' sustained buying interest in stocks with positive upside potentials.