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The Nigerian Exchange closed the week lower, with the All-Share Index declining by 1.21% and market capitalisation falling to N147.103 trillionFinancial Services stocks dominated trading activity, accounting for 60.99% of total turnover by volumeMarket sentiment remained weak as only 22 equities advanced, while 57 declined, led by International Energy Insurance
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Nigerian equities ended last week in the red as investors booked gains, pushing down the index by 1.21%, while market activity gained traction compared to the prior week.
The Nigerian Exchange (NGX) All-Share Index shed 1.21% to 229,240.34 points, and market capitalisation reduced to N147.103 trillion, according to the Exchange’s weekly market review.
Financial services stocks dominated trading on the Nigerian Exchange Photo: FreepickSource: Getty Images
However, despite a dip in share prices during the week under review,
