Nigerian Stock Exchange Brief: ASI (+1.11%) Rallies Big, Market Cap Crosses N 7 trillion mark

The All share index (ASI) rallied big gaining  111 basis points. The strong performance was buoyed by the banking sub-index whic was up a whopping 2.06%.

Market Capitalization crossed the N 7 trillion mark for the first time in several weeks and the Year-to-Date return of the market increased to 5.79%.

The Consumer Goods sub-index was up 1.5% whilst the Oil & Gas sub-index also appreciated 1.21%; the Insurance sub-index…