
The Nigerian equity market started the week on a strong note, recording a significant gain of N52 billion as investor confidence remained high.
The All-Share Index (ASI) of the Nigerian Exchange Limited (NGX) rose by 0.2%, driven by strong performances in the banking, telecommunications, and consumer goods sectors.
Market analysts attributed the bullish sentiment to renewed investor interest in blue-chip stocks, as well as favorable economic policies that have improved market stability.
Investors are optimistic that sustained positive market trends will encourage further investments, boosting liquidity and overall economic performance in the coming weeks.