FirstHoldCo, Zenith Bank Lead Institutional Buying as NGX Closes Higher

Sustained institutional buying in large-cap equities, particularly banking stocks, lifted the Nigerian Exchange All-Share Index by 6.35 percent during the week ended July 10. Led by FirstHoldCo and Zenith Bank, the market capitalization rose to over 147.10 trillion naira as the benchmark index reached 243,798.76.