Bullish sentiment pushes NGX market cap beyond N80trn
…Longest bullish streak since January 2024
The stock market achieved a remarkable feat at the beginning of this week, closing with record equities value of N80.143 trillion on Monday.
The Nigerian stock market return this year has reached 23.09 percent. This month alone, the market has risen by 5.59 percent.
As a result, some of the world’s savviest investors are quietly shifting their attention back to Nigeria due to high returns and brighter prospects of the market.
Analysts say the positive sentiment i
…Longest bullish streak since January 2024
The stock market achieved a remarkable feat at the beginning of this week, closing with record equities value of N80.143 trillion on Monday.
The Nigerian stock market return this year has reached 23.09 percent. This month alone, the market has risen by 5.59 percent.
As a result, some of the world’s savviest investors are quietly shifting their attention back to Nigeria due to high returns and brighter prospects of the market.
Analysts say the positive sentiment i