November 24, 2024
Nigeria’s Stock Market Soars Above 66,000 Points, The Highest Level Ever
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Nigeria’s Stock Market Soars Above 66,000 Points, The Highest Level Ever

Nigerian stocks gained yesterday as the all share index (ASI), which measures the overall performance of equities, hit its highest level ever.

The ASI of the Nigerian Exchange Limited (NGX) rose by 0.51 percent to 66,490.34 basis points from 66,151.38 recorded the previous day.

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The new record also surpassed the high of 66,371.2 basis points, set more than 15 years ago on March 5, 2008.

Additionally, the market capitalisation saw a remarkable increase, closing at N39.69 trillion from N36.21 trillion on Monday.

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