The Nigerian Exchange (NGX) closed 2023 on a positive an high note, recording a gain of 45.9 percent in its All Share Index (ASI), t the close of business on Friday.
The NGX began the year at 51,251.06 points.
This is the exchange’s third best showing in the last 10 years, having recorded 50 and 47 per cent rise in 2020 and 2013 respectively.
The 2023 performance also places the year as the ninth most successful since the NGX was founded 39years ago.
On Friday, which was the last trading day for the year, the NGX hit a new all-time high with the ASI appreciating by 0.36 per cent to close at 74,773.77 points, a rise from the 74,502.58 points recorded on Thursday.
There was also an increase of N148 billion in market capitalisation, with the year closing at N40.92 trillion, up from N40.77 trillion.
