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Nigerian Stock Exchange Watch: ASI (+0.77) Gains, Profit Takers Feast On Banking Sector
By Afolabi Ogunde on January 17, 2013
The Nigerian Stock Exchange All share Index gained 77 points to close at 30,324.86.
The index was propelled by the appreciation in blue chip stock like Dangote Cement (+3.81%), Nigerian Brew (+0.67), and Julius Berger (+10%).
A huge block of Transcorp shares, close to 300 million units were traded. The rest of the banking sector dominated the day’s trades.
In total over 800 million shares valued at N4.02 billion were traded.
The Index is up 3.85% this week, and the YTD performance of the bourse is 8%.