
Weekly Market Report - Week Ending December 13, 2024
13th Dec, 2024
For the week ending December 13, 2024,
the Nigerian stock market experienced a cumulative gain of 1.85%. The All-Share Index (ASI) closed at 99,378.06 points, up from 97,569.22 points at the beginning of the week. The market capitalization increased by NGN 1.8 trillion, reaching NGN 60.2 trillion.
The top-performing sector was Energy, with a 17% gain, while the Industrials sector lagged with a 6% decline. Analysts forecast an annual earnings growth of 29% for the overall market.