Nigerian Stock Market Crosses 40,000 Points As The World's 3rd Best Performing Stock Market in 2017

In 2017, The Nigerian Stock Exchange emerged as the world's 3rd best-performing stock market following the 43% year-to-date return recorded by the All Share Index during the year.The Stock Exchange on the 9th January 2018 maintained its impressive performance as the All Share Index rose above the 40,000 mark for the first time in three years, Specifically, the Index rose to 40,362.97 points yesterday from 39,849.65 points on Monday, the highest since October 2014. Market capitalization which opened at N14.181 trillion inched by N182 billion to close at N14.363 trillion.The volume of shares transacted rose by 27.52%, with 770.89 million shares valued at N7.89 billion traded in 7,395 deals as against the 604.53 million shares worth N16.17 billion exchanged in 5,769 deals previously.--- Support this podcast: https://anchor.fm/africanperspective/support