NGX Records Highest Week-on-Week Gain as Investors Reap N8.1 Trillion

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LagosPolice

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Oct 14, 2020
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The Nigerian Exchange (NGX) continued its strong performance last week, posting its highest week-on-week gain as cumulative investor returns reached N8.1 trillion.

The benchmark All-Share Index climbed on sustained activity from major sectors, buoyed by rising commodity prices and renewed foreign participation.

As market capitalization expands, analysts believe increased fundamental strength is helping the NGX outperform regional peers and attract fresh capital flows.