Nigerian stock market extends gains as cap hits N113trn

The Nigerian stock market continued its upward trend, with the market capitalization reaching N113 trillion. This extension of positive momentum reflects ongoing investor confidence in the equities sector.

Nigeria's stock market has maintained its positive trajectory, as reported in recent updates. The market capitalization climbed to N113 trillion, marking a significant milestone in the country's financial landscape.

This development builds on previous gains, indicating sustained performance in the equities market. Investors appear to be responding favorably to current economic conditions, though specific drivers were not detailed in the available information.

The Nigerian Exchange Limited, the primary platform for such trading, continues to serve as a key indicator of economic health. As of February 11, 2026, this extension of momentum underscores the resilience of the market amid broader challenges.

No further details on individual stock performances or contributing factors were provided, but the overall cap increase highlights a robust session for traders.

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BSE trading floor during Sensex and Nifty rally on US-Iran ceasefire relief, with cheering traders amid rising indices and cautious expressions over fragile peace.
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Indian markets rally on US-Iran ceasefire relief but caution persists

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Indian equity benchmarks Sensex and Nifty posted their strongest single-day gains in years on Wednesday, driven by a US-Iran ceasefire that eased oil prices and inflation fears. The market capitalization of BSE-listed companies rose by ₹16.1 lakh crore. However, Asian stocks turned cautious as the ceasefire showed signs of fragility.

Building on February's gains that pushed market cap to N113trn, the Nigerian stock market added N1.72 trillion on March 3, 2026, fueled by strong demand for MTN Nigeria and Dangote Cement shares.

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The Nigerian stock market declined by N557 billion due to profit-taking in Lafarge and 38 other stocks. This downturn reflects investors securing gains amid market fluctuations.

Indian benchmark indices Sensex and Nifty closed nearly 6% higher for the week, snapping a six-week losing streak after a ceasefire between the US and Iran. Both indices rose 1.2% on Friday. Investors adopted a risk-on approach amid reduced volatility.

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In early trade on Tuesday, the BSE Sensex rose 564.63 points to 82,790.45, while the NSE Nifty gained 167 points to 25,591.65. The rally was led by IT stocks including HCLTech, Infosys, and TCS, with both indices up over 0.5% as of 9:28 am.

Japan’s Nikkei share average fell 1.1% to 56,821.39 in morning trade on Friday, tracking losses on Wall Street amid rising geopolitical tensions between the U.S. and Iran. Technology stocks weighed heavily on the index, while the air transport sector saw sharp declines. Investors appeared cautious ahead of a three-day weekend.

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Despite weakness in the broader market due to escalating Middle East tensions and hawkish US Federal Reserve signals, certain smallcap stocks in India posted strong gains of up to 41% over five sessions. Crude oil prices rose above $110 per barrel, raising inflation concerns. A selective rally highlighted top performers across various sectors.

 

 

 

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