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Stocks to rally this month as AMC comes on stream

•CBN starts work on Asset Management Company After a round of profit taking precipitated a recent down turn in stock values, Nigeria's stock market will be begin a sustained rebound with the commencement this month of the Asset Management Company (AMC) as stock prices are expected to start an ascent in value, analysts have predicted. The coming on stream of the AMC coincides with the expected rise in government spending, occasioned by Federal Government's lining up of a supplementary budget ...
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Added June 07, 2010
from Businessday Nigeria