Nigeria: Market Capitalisation Rises by 1.24 Percent

14 September 2012

Heavy gains by companies on strong corporate governance lifted equities' performance on the Nigerian Stock Exchange yesterday. With 789.86 points in eight trading days, the benchmark index was brought to its year high of 21.31 per cent.

The index outperformed its emerging market peers except Egypt index with year-to-date increases of 56.31 per cent, Kenya index with 28.25 per cent gains and Germnay index with 24.07 per cent rise.

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