Nigeria: Stock Market Begins Third Quarter With 2.18 Percent Gain

8 July 2013

After the correction that lasted about four weeks, the Nigerian equities market showed signs of stability and rebound last week as it traded on three days of gains to mark 2.18 per cent appreciation

The rebound came in after two days of decline and three gains that saw the benchmark index trend between 35,832 to 36,952 points. At 36,926.29 points, the year-to-date return stands at 31.51 per cent. Also, sectoral performance improved relative to previous week as all the sector indexes closed higher.

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