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Nigeria Equity Watch | 04 August 2015 : Nigeria All Share Index continues on its positive streak up 70bps
Lagos, Nigeria (Capital Markets in Africa) — Taking a cue from yesterday’s rebound, the ASI continued on its positive streak up (+70bps), to close 30,458.86pts at the end of trading. Activities of bargain hunters gave support to the index, resulting in cumulative gains of 92bps MTD, bringing YTD return to (-12.11%). Volumes were up 35%, occasioned by block trades in financial service sector stocks: GTB (62.6m shares; N1.44bn), Zenith (61.9m shares; N991m), and Mansard (189m…
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