The Nigerian stock market added N622 billion to investors’ wealth during the week, as market capitalisation rose by 0.39 per cent to close at N157.057 trillion.
This is in spite of a 0.14 per cent decline in the Nigerian Exchange Ltd. (NGX) All-Share Index to 243,462.13 points.
The market opened the week with a capitalisation of N156.445 trillion and an All-Share Index of 243,798.76 points.
Sectoral performance was largely positive, with all other indices closing higher except the NGX Main Board, NGX Consumer Goods, NGX Oil and Gas, NGX Lotus II, NGX Industrial Goods, NGX Growth and NGX Sovereign Bond indices.
These declined by 1.54 per cent, 0.15 per cent, 0.11 per cent, 0.40 per cent, 6.26 per cent, 0.09 per cent and 0.33 per cent, respectively, while the NGX Commodity Index closed flat.
