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Nigeria Stock Exchange Watch: ASI (+1.99%) As Market Cap Approaches N10 trillion

By on January 18, 2013

The Nigerian Stock Exchange All Share Index gained 199 basis points in today’s trading bringing the year-to-date performance of one of the world’s best performing markets to 10.14%.

The market capitalization of the bourse also topped N9.89 billion, gaining over N770 billion in two weeks.

Shares of cement manufacturers continued to rise, CCNN (+4.97%), Ashaka (+4.81%) and Dangote Cement (+3.7%) all climbing in today’s trading.

Nigerian Breweries (+4.97%), and International Breweries (+5.94%) also gained in the day’s trading.

Oando (+6.43%), Mobil (+5%), Forte Oil (+4.99%), and Eterna (+4.75%) also recorded price appreciation.