Equity market opens week with N52bn gain
Written by Olakunle Oke on March 11, 2025
The Nigerian Exchange commenced the new trading week on a positive note, recording a market capitalisation increase of N52.17bn.
At the close of trading on Monday, the All Share Index inched up by 83.31 points to settle at 106,621.91 points, reflecting a year-to-date gain of 3.59 per cent. The overall market capitalisation stood at N66.8tn.
Market activity showed a boost in turnover, with investors exchanging 364.97 million shares in 14,565 deals, valued at N17.63bn. This represents a five per cent increase in volume, an 81 per cent improvement in turnover, and a 22 per cent rise in deals compared to Friday’s session.