Nigerian stocks expected to rise next year on hopes of low rates

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Nigerian stocks are expected to keep rising in 2018, fuelled by hopes that lower interest rates and a stable currency will help corporate profits, but traders say gains might be short-lived. The all-share index crossed 38,000 points on Friday, with stocks climbing 42 percent for 2017 – its biggest gain since 2013. Traders foresee another 10…

Article source: https://www.businessdayonline.com/nigerian-stocks-expected-rise-next-year-hopes-low-rates/

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