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MARKET REPORT
The Nigerian stock market recorded gains this week, with the All-Share Index rising by 0.48% to close the second week in October in the green, driven by momentum in the consumer goods and the oil & gas sectors.
The NGX kicked off the month of May on a bullish note with the All-Share Index appreciating by 0.55%, gaining 537.15 points to close at 98,762.78 points. Investors also gained N300 billion as the market capitalization closed at N55.85 trillion, up from N55.55 trillion recorded on April 30th, 2024.