NGX adds ₦5.1 trillion as ASI tops 190,000 points
The Nigerian Exchange experienced a significant surge, with the All-Share Index reaching an all-time high and adding ₦5.1 trillion in market capitalization in one day.
On Monday, trading on the Nigerian Exchange Limited saw a remarkable uptick, with the benchmark All-Share Index (ASI) hitting a historic milestone of 190,262.44 points. This represented a significant increase of 7,949.36 points or 4.36 percent from the previous closing figure of 182,313.08 points. The surge was largely attributed to robust buying activities across various sectors, specifically banking, industrial, and consumer sectors, which collectively contributed to a substantial gain of ₦5.10 trillion in market capitalisation, escalating it from ₦117.03 trillion to ₦122.13 trillion.