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Rising Above the Clouds: NGX Soars on Renewed Investor Confidence
Sandra A. Aghaizu
The Nigerian stock market soared this week, rising like a plane breaking through clearing clouds. The All-Share Index climbed from 149,941 to 155,645 points, up 3.8%, powered by gains in banking, industrial, and consumer goods stocks.
With inflationclouds thinning and FX skies steady, investor confidence brightened. As the fixed-incomehorizon levelled, many turned their eyes to equities… chasing new sunlight above the clouds.