Equities: Cautious Nigeria, Bullish Ghana

September 2009
Emerging Markets Monitor;9/7/2009, Vol. 15 Issue 22, p20
Country Report
The article discusses the trends in the equities market in Africa in 2009. It argues that the clean-up of the banking sector could prove sufficient to reverse the downtrend of the Lagos All-Share Index (LASI) in Nigeria. It cites the implications of the recovery of the Ghana All-Share Index as of September 2009. A stabilization of the Ghanaian cedi is also projected.


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