The NGX Banking Index opened in the red on Monday, June 16, 2025, as investors dumped major bank stocks in reaction to a policy shift announced last week by the Central Bank of Nigeria (CBN).
The NSE banking index closed the week at 382.76 index points, 2.63 index points higher than a week ago when it closed at 380.13 index points.
Investors gained N374.94 billion, as market capitalization rose to N12.408 trillion at close of trading.
The Nigerian stock market closed the day in the negative as the market capitalization dropped by -1.36%, to close at 22,470.79
The Nigerian bourse ended today’s trading on a positive note, as the All-Share Index appreciated by +0.66% to close at 22,780.30 index points
The Nigerian Stock market dropped sharply today as the impact of the COVID-19 pandemic reinforced a painful hangover
The Nigerian bourse slowed down its upward tempo, with the ASI/Market Capitalization inching by +0.07%, to close at 22,554.84 points
The Nigerian bourse continued its upward trend, with the benchmark All Share Index recording an impressive 3.02% increase to close at 22,539.94 points.
The Nigerian bourse closed on Thursday slightly positive, as the All-Share Index / Market Capitalization surged by +0.10%.