Nigeria’s equities market increased by N3.44trillion or 4.31 percent as investor bought majorly consumer goods and banking stocks in the trading week ended Friday July 18.
NGX Industrial Index was up 19.17 percent in the review week, followed by NGX Banking Index (+5.36 percent), and NGX Consumer Goods Index (+1.34percent).
The market rallied in the review week, defying profit taking activities in insurance and oil & gas stocks. NGX Oil & Gas Index was down by 0.76 percent in the review week while NGX Insurance Index decreased most by 3.65 percent.
