The Nigerian Stock Exchange All-Share Index (NSE ASI) continued its impressive performance in the last trading week ended January 12, 2024, registering a significant index gain of 4.24%. The market opened at 79,664.7 and closed the week at a robust 83,043.0. This marks another week of strong bullish momentum.
Leading the pack was the Consumer Goods sector, which saw a remarkable 9.6% increase in its index, closely followed by the Insurance sector with a 7.63% rise. The only sector to record a decline was Oil & Gas, which experienced a marginal loss of 1.61%.
Given the sustained upward trend with no signs of slowing down, the NSE ASI demonstrates strong potential for continued bullish growth in the coming weeks.
N.B! - ASI price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades