The Nigerian Stock Exchange All Share Index (NSE ASI) recovery continued for the second week in a row, closing at 23,916.15 points, up 0.38% Week-on-Week (WoW). The index opened the week on a positive note but was negative on Tuesday and Wednesday after the non-event Monetary Policy Committee meeting (MPC). The MPC maintained the status quo, the Naira was not devalued as was anticipated by some investors, rates were also maintained. The index was also positive on Thursday and Friday; the three positive days were enough for another positive week. Year-to-date loss is -16.50%.

The NSE Lotus Islamic Index (NSE LII) also closed the week positive at 1,688.50 points, up 0.73% (WoW). Year-to-date loss is -14.91%.

The Lotus Halal 15 ETF closed at N8.11, up 2.14% (WoW), recovering from an all-time low in the previous week. Year-to-date loss is -15.52%.


Market Data ...

http://www.halalstocksnigeria.com/blog/stock-market-update-for-the-week-ended-friday-january-29-2016/