The Nigerian equity market gained 64.11 per cent between July 2023 and June 2024, closing at 100,057.49 points, according to the recently published Fund Manager’s Report on the Nigerian Exchange Limited.
The performance was supported by renewed participation from foreign portfolio and domestic investors, alongside strong corporate earnings.
According to the report, the Industrial Goods Index recorded the highest return of 88.43 per cent, driven by the share price movement.
The Oil and Gas Index followed with a return of 82.95 per cent,
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