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Business News

42 Stocks Drive 1.46% NGX Growth in One Week

ngx asi

By Dipo Olowookere The All-Share Index (ASI) and the market capitalisation of the Nigerian Exchange (NGX) Limited appreciated by 1.46 per cent last week to 99,587.25 points and N56.323 trillion, respectively. Also, every other sector improved in the four-day trading week except the consumer goods, energy, and industrial goods indices, which experienced selling pressure, closing lower by 0.26 per cent, 0.68 per cent and 0.36 per cent apiece, as the ASeM and sovereign bond indices closed flat. Business Post reports that the growth posted by the benchmark performance indicators was driven by price appreciation in 42 stocks led by FBN

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