Nigerian Equities Surge Past South Korea's Kospi To Lead Global Returns In 2026
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2 Articles
Nigerian Equities Surge Past South Korea's Kospi To Lead Global Returns In 2026
Africa’s largest oil producer has claimed the top spot for global stock market returns, with Nigerian equities delivering 67% gains in dollar terms so far this year. That figure edges out South Korea’s Kospi index, which posted a 66% dollar-denominated return, according to Bloomberg data tracking 92 global stock exchanges. The Kospi has since fallen into a technical bear market, shedding 22% from its June 19 peak as investor confidence in AI-dri…
After its recent slide, the tech-heavy South Korean stock exchange is no longer the year's best performer. Instead, the title goes to the Nigerian Lagos Stock Exchange.
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