Investors reap biggest ever weekly gain on pension funds boost

…Stock market gains N6.79trn…Index crosses 180,000 points

The Nigerian Exchange Limited (NGX) has reached a towering new peak as the All-Share Index (ASI) crossed the 180,000-point milestone in the trading week to February 13, marking a historic era for the domestic bourse.

Recent policy shifts by the National Pension Commission (PenCom) which raises equity investment limits unleashed a fresh wave of capital from institutional players, leading to approximately N6.79trillion or 6.16 percent gain in one week.

The newest psychol

…Stock market gains N6.79trn…Index crosses 180,000 points

 

The Nigerian Exchange Limited (NGX) has reached a towering new peak as the All-Share Index (ASI) crossed the 180,000-point milestone in the trading week to February 13, marking a historic era for the domestic bourse.

Recent policy shifts by the National Pension Commission (PenCom) which raises equity investment limits unleashed a fresh wave of capital from institutional players, leading to approximately N6.79trillion or 6.16 percent gain in one week.

The newest psychol