Nigerian Exchange Group, NGX Plc has announced a significant investment in the Ethiopian Securities Exchange .
The investment in the Ethiopian Stock Exchange reflects NGX Group’s confidence in the potential of Ethiopia’s rapidly growing economy and capital market. Through this investment, NGX Group aims to contribute to robust regulatory frameworks and foster best practices within the ESX ecosystem.
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NGX Group Announces Investment in Ethiopian Securities ExchangeNigerian Exchange (NGX) Group plc has made a significant investment in the Ethiopian Securities Exchange (ESX), marking its entry into East Africa and demonstrating its commitment to driving growth and innovation in African capital markets.
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Investors gain N146.95bn in market capitalization at NGXInvestors at the Nigerian Exchange Limited, NGX, gained N146.95 billion in market capitalization as the All-Share index soared by 259.90 points to close Friday at 104,647.37 points. The development further heightened investors' confidence as the total market capitalization hit N59.17 trillion at the close of trading on Friday.
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NGX market capitalisation down by 0.08%Transaction activities of the stock market on the Nigerian Exchange Ltd. (NGX) declined by 0.08 per cent, making the market capitalisation to close the week at N59.121 trillion.
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