Nigeria ETF Surges as Local Investors Turned to Equity Market
November 14, 2019 at 16:52 PM EST
The Nigeria related ETF climbed Thursday after local investors were barred from a treasury auction and turned to shares instead, fueling a rally in banking stocks. The Global X Nigeria Index ETF (NYSArca: NGE) was up 5.0% Thursday, trading on close to seven times its averaged daily volume and...