Nigeria’s equities market value grew by about N1.51trillion in the trading week ended Friday May 30.
While consumer goods, industrial and insurance stocks drove the market higher, investors took profit in oil & gas and banking stocks.
NGX Consumer Goods Index rose by 5.96 percent in the review trading week, followed by NGX Insurance Index which increased by 1.76 percent, while NGX Industrial Index rose by 1.07 percent. Meanwhile, NGX Oil & Gas Index decreased by 5.42 percent, while NGX Banking Index was down by 0.88 percent.