Weekly Review: Transactions on NGX down 379.1%
Despite a significant 379.1% week-on-week decline in trading value, the Nigerian equity market demonstrated underlying resilience, with key indices appreciating and the overall market capitalization nearing N98 trillion. The sharp drop in transaction volume and value is primarily attributed to a shortened three-day trading week due to the Christmas holiday, rather than a fundamental loss of investor confidence. Market activity remained highly concentrated, with the Financial Services sector dominating trades and the top three equities accounting for over half of the total turnover volume. The


