Afrinvest Nigeria’s Daily Stock Market Report: 2 February 2015
Recent Gains in Oil Prices Excite Equities… NSE ASI up 108bps The Nigerian Bourse started the week on a positive note as All Share Index – the benchmark index of Nigerian equity market rebounded, gaining 1.1%. Market Capitalization also added N106.7bn to close at N10.0tn. The uptrend today was majorly driven by the appreciation in bellwether stocks — Nigerian Breweries (4.9%), Dangote Cement (1.1%) and GTBank (2.3%). Despite the significant pull-back in the market, most…
Read More