STOCK MARKET ADDS ₦2 TRILLION AS INVESTOR CONFIDENCE LIFTS NGX

The Nigerian Exchange (NGX) recorded a strong rally, adding ₦2 trillion to investors' wealth as the market capitalization climbed to ₦159 trillion, reflecting renewed confidence in the country's capital market.

The market's positive performance was driven by increased buying interest in blue-chip stocks across key sectors, including banking, consumer goods, and industrial companies. Analysts attributed the gains to improved corporate earnings, stronger investor sentiment, and expectations of favorable economic conditions.

Market operators noted that sustained participation from both domestic and institutional investors has continued to support the upward trend, with the benchmark index posting significant gains during the trading session.

Experts believe the market's resilience demonstrates growing confidence in listed companies despite prevailing economic challenges. They added that continued macroeconomic reforms, stable monetary policies, and strong corporate performance could further boost activity on the exchange.

The latest rally reinforces the Nigerian Exchange's position as a key platform for wealth creation and capital raising, with stakeholders optimistic that sustained investor confidence will drive further growth in the country's capital market.