Trading on the Nigerian Exchange ended on a positive note as the equities market halted its two-day declining trend, adding ₦70.62 billion to market capitalization.
The benchmark NGX All-Share Index (NGX-ASI) edged up by 0.04%, reflecting renewed buying interest among investors looking to capitalize on attractive entry points across key sectors.
The modest gain helped restore positive sentiment across the local bourse following consecutive sessions of profit-taking.
In the foreign exchange market, the Naira experienced further pressure, with the Bureau De Change (BDC) parallel market rate depreciating to ₦1,420 per US dollar.
The widening exchange rate movement highlights ongoing supply dynamics in the retail FX segment despite central bank interventions and broader foreign exchange management strategies.