Nigerian Equities Sustain Positive Momentum, 3 February 2015

Nigerian Equities Sustain Positive Momentum, 3 February 2015

Equities Sustain Positive Momentum… NSE-ASI Up 46bps The Nigerian equities sustained its positive momentum today on the back of gains in banking stocks — Guaranty (5.0%), Zenith (5.0%) and Access (3.9%). As a result, the broader index and market capitalisation added 46bps and N45.3bn to close 30,018.35bps and N10.0tn respectively. On the contrary, market activity measured by volume and value improved today, advancing 55.7% and 17.4% to close at 396.8m units and N3.8bn a piece.Banking…

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