The Nigerian stock market bounced back strong on Friday, adding N285 billion in value after several days of declines. This rebound brought fresh relief to investors who had seen continuous losses earlier in the week. The recovery shows renewed confidence in the market, especially as traders took advantage of lower share prices to buy into strong companies.

Market analysts say the surge was driven by increased demand in key sectors, including banking and consumer goods. Blue-chip stocks played a big role in pulling the market upward, helping to restore hope after a period of negative sentiment. Many investors believe the correction phase is easing, and more gains may follow if economic conditions remain stable.

The All-Share Index (ASI) also moved positively, reflecting overall better trading activity across the board. Experts note that local and foreign investors are gradually returning as they react to improving market indicators and long-term economic prospects. The gains highlight rising confidence despite inflation and interest-rate concerns affecting the broader economy.

With this strong finish, market watchers expect improved performance in the coming trading sessions. However, they caution that stability will depend on government policies, inflation control, and investor confidence. Still, Friday’s recovery signals a positive step toward a more balanced market after a shaky period.

Overall, the week’s close gives investors a fresh reason to remain optimistic as companies continue to release their earnings results and economic reforms gradually take shape.