By Peter Egwuatu
The Nigerian stock market recorded a strong rebound closing bullish last week’s trading with investors gaining N9.342 trillion.
The Nigerian Exchange Limited, NGX, had recorded a loss of over N1.8 trillion previous week following a wave of selloffs that had hit the market since last week of June, 2026.
Breakdown of trading last week shows that the NGX market capitalisation, which reflects the total value of stocks listed on the Exchange, closed at N156.444 trillion from N147.102 trillion the previous week.
Similarly, another strong market performance indicator, NGX All Share Index, ASI, which shows the price movements of all stocks surged by 6.4% to close at 243,798.76 points from 229,240.34 points.
