Nigerian Equity Markets | 23 Sep 2015: Rise ahead of Sallah Holiday…NSE ASI up 0.4%
Lagos, Nigeria, Capital Markets in Africa — The stock market closed the week positive as DANGOTE CEMENT (+0.9%), NESTLE (+2.4%) and FORTE OIL (+3.4%) drove ASI 0.4% higher to close the week at 30,543.17pts, tempering YTD loss to -11.9%. Market capitalization added N43.6bn to close at N10.5tn. Market activity increased as volume traded rose 138.9% to 466.9m units while value traded improved 40.3% to N4.4bn. All sector indicators drifted northwards, save the Banking sector index…
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