NGX Trading Recovers as Investors gain N310bn
The Nigerian Exchange Limited investors gained N310bn at the close of trading on Wednesday as the benchmark All-Share Index rose 0.35 per cent.
The market capitalisation of listed equities climbed to N89.9tn from N89.59tn recorded in the previous session, driven largely by gains in blue-chip stocks across the oil and gas, consumer goods, and banking sectors.
At the end of the session, the All-Share Index advanced by 489.43 points to settle at 142,036.23. This translated to a one-week gain of 1.19 per cent, a four-week decline of 0.4 per cent, and a year-to-date return of 38 per cent, underscoring the resilience of the equities market despite recent volatility bouts.