Nigeria Beats USA, Others With The Best Performing Stock Market In 2020 - STECHITEGIST
Home » Nigeria Beats USA, Others With The Best Performing Stock Market In 2020

Nigeria Beats USA, Others With The Best Performing Stock Market In 2020

by toffee_plug

Nigerian stocks are headed for their highest annual gain in seven years riding on low yields in the country’s fixed-income market.

Nigerian leads the United State of America (USA) and other countries to become the best performing stock market in 2020.

Nigeria Stock Exchange also made history by surpassing N20 trillion for the first time ever.

The Federal Government encouraged equities participation by discouraging bonds, Stechitegist reports.

The equities benchmark index in Africa’s largest economy recorded its highest return, rising 45.7% this year, the most among 93 equity indexes tracked by Bloomberg. It’s the world’s best performing stock market year-to-date.

The Lagos bourse gained 0.75% to 39,092 as of 13:47 p.m. local time, to reach its highest level since June 201

Don’t you think this post will be helpful to somebody else? Please share it to others via the social media button below Thanks for reading. Do well to drop your question in the comment box, we will be glad to hear from you.

You may also like

Leave a Comment

%d bloggers like this: