NSE halts 8-day losing streak after MTN Nigeria listing

PUBLISHED: Fri, 17 May 2019 09:13:22 GMT


MTN Nigeria gained 10 percent after listing on the Premium Board of the Nigerian Stock Exchange. Meanwhile, the All-Share Index gained 0.5 per cent, ending the 8-day losing streak, while market capitalisation rose to 12.5 trillion naira. Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa to discuss the long-term gains of MTN Nigeria’s listing.

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.