Is it time to go long financials?

by | September 26, 2016 12:03 pm



What’s the best performing sector in the Nigerian Stock Exchange (NSE) this year? The unlikely answer is the financials. The NSE banking index is up 5.48 percent year to date (Sept. 16), outperforming sectors such as industrials (-15.94%), Oil and gas (-12.66%), consumer goods (-0.46%) and the broad NSE all share index (-2.74%), in the…

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