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NGX ALL SHARE INDEX
The NGX All-Share Index enjoyed a slight boost, climbing by 278.42 points to reach 104,562.06 points, marking a growth of 0.27% from its previous close at 104,283.64 points.
The NGX All-Share Index of the Nigerian Exchange Limited (NGX) witnessed a boost, climbing by 259.90 points to close at 104,647.37 points, marking an improvement from its previous closing figure of 104,387.47 points.
The NSE's NGX All-Share Index (ASI) rose by 743.66 points to hit a new high of 100,335.3 points, a level last seen on February 27, 2024.
The market capitalization of the Nigerian Stock Exchange (NSE) increased significantly by N227 billion to settle at N56.31 trillion, indicating a strong demand from investors.
The Nigerian Stock Exchange (NSE) recorded a remarkable growth in its market capitalization, which rose by N194 billion to close at N56.08 trillion.
NGX reported a significant loss of approximately N982 billion by the close of weekly trading, positioning it as the top loser for the week.
Investors in the Nigerian equities market faced a setback in February 29, 2024, with an estimated loss of approximately N650 billion as the domestic bourse grappled with significant selling pressure following profit takings.
The NGX All-Share Index and Market Capitalization appreciated by 1.97% and 2.00% to close the week at 104,421.23 and N57.158 trillion respectively.
In continuation of its extremely positive rally in 2024, the NGX All-Share Index appreciated by 2.11%, gaining 1,644.12 points to close at 79,664.66 points.
NGX’s All-Share Index has crossed the 72,000 mark as the ASI closed at 72,299.79 points on Wednesday.
In this weekly roundup, Nairametrics highlights the key activities that impacted the performance of Nigerian stocks over the past week, providing insightful analysis and highlighting noteworthy trends.
NGX finished the month of July in the green territory as the NGX All-Share Index appreciated by 5.5% to close at 64,337.52 index points.