Investors on the Nigerian Exchange recorded a major boost as the stock market opened the new year on a bullish note, delivering impressive gains across key sectors. Market activities closed positively, driven by strong buying interest in industrial, transport and insurance stocks.
The total market value rose significantly, reflecting renewed investor confidence and optimism about economic prospects. Several equities posted strong gains, with market breadth firmly positive as advancing stocks outpaced decliners. The All Share Index also ended the session higher, confirming a strong start for equities trading.
Despite a drop in traded volume and value, analysts noted that the positive sentiment signals growing confidence among investors at the opening of the year. The upbeat performance suggests expectations of improved corporate earnings and stable market conditions in the months ahead.
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