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Find all the economic and financial information on our Orishas Direct application to download on Play StoreShares listed in Nigeria gained around 1.43 trillion naira in the trading week that ended on Friday, June 27.
Investors looked for valuable stocks in every sector except oil and gas, which saw significant profit-taking.
The NGX Banking Index increased by +2.59%, the NGX Consumer Goods Index (+3.73%), the NGX Industrial Goods Index (+3.92%), the NGX Insurance Index (+3.92%), the NGX Insurance Index (+3.67%), while the NGX Oil and Gas Index fell by 2.23%.
The market recorded contrasting sessions during the week under review, with continued caution. Investors' growing appetite for value stocks allowed the market to offset the selling effect of a green close.
The market performance indicator grew by 1.57%, while the year-to-date market return (ytD) reached 16.58%. This month, the stock market rose by 7.39%
.During the review week, the All-Share Index (ASI) of Nigerian Exchange Limited (NGX) and stock market capitalization increased from 118,138.22 points and 74,534 billion naira respectively to 119,995.76 points and 75,962 billion naira.
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