Nigerian Stock Marke

Lagos, Nigeria (Capital Markets in Africa) — The Nigerian equities market sustained its previous day’s gain, adding 19bps to close at 33,621.75points. In like manner, market capitalization added N22.3bn to berth at N11.5tn. Improvement in market performance was broadly driven by bargain hunting in GUINNESS (+5.8%) and ETI (+1.3%). Market activities were however mixed as a total of 243.3m (+57.9%) units of shares worth N3.9bn (-6.3%) were traded. Sector indices were all positive. The Banking…