The Nigerian Exchange (NGX) closed last week in positive territory, with the All-Share Index (ASI) recording a 0.20% week-on-week gain despite a generally cautious market mood. By the close of trading on Friday, the ASI rose to 142,133.02 points, up from 141,845.34 points the previous week. Surge in market activityMarket activity saw a sharp rebound, with trading volume up 181% week-on-week, while transaction value surged 480%. AdvertisementMost sectoral indices closed higher except for the NGX CG (-0.08%), NGX Pension (-0.15%), NGX Insurance (-0.91%), NGX MERI Growth (-0.35%), NGX Oil and Gas (-1.62%), NGX Lotus II (-0.52%), NGX Pension Broad (-0.07%) and NGX Commodity (-0.91%). The NGX ASeM and NGX Sovereign Bond indices were flat.