By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) posted a five-day rally as the all-share index (ASI) and market capitalisation gained 5.05 percent to close the week at 24,689.69 basis points and N8.491 trillion respectively. The rally was as a result of the performance in the Financial […]
Tag: Rally
Nigerian Stocks Sustain 2-Day Rally, up 1.51%
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Thursday sustained a two-day rally as all-share index (ASI) climbed up 1.51 percent to close at 23,686.67 basis points, coming on the performance in the shares of Banking and Consumer Goods sectors. Similarly, market capitalisation increased by N120.94 billion to N8.15 trillion, reducing the […]
December rally boosts NSE index
A rally by the stock market in December has helped the equities market to defy seasonality, analysts at Meristem Securities Limited have said. According to the Chief Executive Officer, Lambert Trust and Investments Limited, Mr. David Adonri, the equities market often declines in the fourth quarter of the year for […]
