Stock market gains by 0.35%
The market indices rose by 0.35 percent as a result of Wednesday's transactions on the Nigerian Exchange Ltd. (NGX). Compared to Tuesday's closing value of N30.29 trillion, the market capitalization decreased by N107 billion to N30.397 trillion at the close. Similar to this, the All-Share Index, which opened at 55,603.94 and closed at 55,801.14, lost 197.20 points, or 0.35 percent. The demand for equities of companies like Royal Exchange, MTN Nigeria, and Dangote Cement, among others, was a major factor in the market's favorable performance. Year-to-date (YTD) return increased to 8.88%.