Nigeria Equity Watch | 30 June 2015: Nigerian Bourse took a bullish leap as last-minute rally …
Lagos, Nigeria (Capital Markets in Africa) — The Nigerian Bourse took a bullish leap as last-minute rally in DANGOTE CEMENT (+3.5%), NIGERIAN BREWERIES (+1.9%) and UBN (+4.7%) fired up the Index. Intraday market movement indicated a broadly bearish session before a last minute jump saved the day. Hence, NSE ASI went up 0.6% to berth at 33,456.83 points and YtD loss moderated to 3.5%. We believe this last-minute rally was driven by mid-year portfolio reassessment…
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