The Nigerian Stock Exchange All Share Index (NSE ASI) continued the rally started on Thursday last week throughout the week. It closed the week at 25,810.10 points, up an impressive 6.57% Week-on-Week (WoW). The week’s rally brought the year-to-date loss to single digit at -9.85% from a high of -21.60% witnessed on 19th of January.

The NSE Lotus Islamic Index (NSE LII) closed at 1,798.19 points, up 6.39% WoW. Year-to-date loss is -10.04%.

The Lotus Halal 15 ETF closed the week at N8.49, up 6.39% WoW. Year-to-date loss is -11.56%.

The indices got a shot in the arm after the release of Dangote Cement Plc 2015 results. The company posted a 25.56% increase in revenue and13.68% increase in profit after tax. Earnings per share was N10.86 from which the company has declared a dividend per share of N8. The company’s share price gained 19.64% in the week to close at N168.

Dangote Cement’s and other companies results are available at the NSE website.

Market Data
See: http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-march-4-2016/