Investors at Nigerian Stock Exchange ranked N1.15tn in September

The Nigerian Exchange Market has refused to bow to the impact of the economic hardship in the country as investors in NGX gained over N1.15 trillion in September 2024.

This is according to data from NGX at the close of trading on Monday.

Accordingly, the market capitalization, which represents the total value of investment listed on the Exchange, closed at N56.635 trillion, up from N55.477 trillion at the close of trading in August 2024.

In the same vein, another stock market major indicator, the NGX All Share Index, ASI, rose by 2.05 percent in the month under review to close yesterday at 98,558.79 points from 96,579.54 points in August 2024.

The sectorial activities were also on the upbeat as the NGX Mainboard Index grew by 0.9% to close at 4,832.03 points from 4,790.05 points.

The NGX 30 Index rose by 2.05 percent to close at 3,663.48 points from 3589.95 points. NGX Premium Index grew by 4.5 percent to close at 9.050.21 points from 8,661.24 points. The Banking Index grew by 10.2 percent and the Pension Index rose by 5.95 percent.

The Year-to-Date returns went up 31.8 percent, as the total volume traded increased significantly by 134.1 percent to 1.86 billion units, valued at N111.58 billion, and exchanged in 10,583 deals.