The performance of the Nigerian stock market since the beginning of the year (ytD) increased by 12.15%, thanks to an increase of 3.30% observed in June.

The stock exchange was active for three days during the week ending on Friday, June 13, due to the public holidays on Monday, June 9, marking the celebration of Eid el-Adha, and Monday, June 12, the day of democracy in Nigeria. Investors recorded a gain of around 513 billion naira during the week under review

The All-Share Index (ASI) and the market capitalization of the Nigerian Exchange Limited (NGX) grew from last week's close by 114,616.75 points and 72,275 billion naira to 115,429.54 points and 72,788 billion naira.

The market rose by 0.71% during the trading week under review, mainly thanks to consumer goods and industrial stocks, despite profit-taking in oil and gas stocks and insurance stocks.

The NGX consumer goods index rose by 1.32% year-on-week, while the NGX industrial index rose by 1.21%. The NGX oil and gas index recorded the largest drop, at 1.22%, while the NGX insurance index fell by