NGX Closes Positive Week-On-Week As ASI Appreciates By 1.89%


The Nigerian Exchange Limited (NGX) has closed positive week-on-week as ASI appreciated by 1.89% to close at 51,251.06. 

NewsBeatng reports that the FUGAZ banks make up over 70% of the NSE Banking sector index, hence, strongly influencing the growth or otherwise of the index.

However, the NGX banking index depreciated by 2.86% from 422.80 last week to close at 417.50 points. 

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