Nigeria’s stock market rebounds on Friday after seven consecutive sessions of losses, with renewed buying lifting investor sentiment. Multiple reports say the market’s market capitalisation increases by about N208 billion and the All-Share Index (ASI) rises by 0.13%, closing at 248,363.55 points.
The outlets agree the gain reflects broad improvement across the trading session rather than a single isolated move. Both note the rebound comes after a prolonged decline, suggesting a shift in demand from investors. While the coverage focuses on the day’s headline performance—ASI points and the size of the market-capitalisation increase—details on specific sectors or individual stocks are not included in the provided excerpts. Overall, the articles characterize the move as a short-term recovery following a multi-day downturn.
