June 1, 2017 / 12:10 PM / 4 months ago

Nigeria stocks rise to 11-month high on banking, cement stocks

LAGOS, June 1 (Reuters) - Nigeria stocks jumped to a 11-month high on Thursday, driven by gains in banking and cement shares as investors take advantage of low valuation of some commercial lenders’ shares.

The stock market index rose 2.3 percent to cross 30,156 points, lifted by gains in First Bank Holdings and Dangote Cement.

Reporting by Oludare Mayowa; Editing by Toby Chopra

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below