Nigerian stocks halt retreat as liquidity jumps

Nigerian stocks Friday halted the short but vigorous slide recorded in the preceding trading session, pushing the main equity index up 0.7 per cent.

Year-to-date yield remains in the red though singularly because of the big blow to equities on Thursday after some profit-taking that took the shine off the three daily gains reported earlier in the week.

Reasonably driven by increased activity, the rebound followed a 41 per cent improvement in transaction volume.

PremiumTimes : Read More