A 2.33 per cent surge recorded by the Nigerian Exchange (NGX) Limited on Monday pushed its year-to-date (YtD) gain to 60.97 per cent. This means that the local stock market has gained over 60 per cent this year. This performance has been triggered by a strong appetite for domestic equities, especially from investors with hot money. Yesterday, the All-Share Index (ASI) rose by 5,705.59 points to 250,481.42 points from 244,775.83 points, and the market capitalisation expanded by N3.160 trillion to N160.254 trillion from N157.094 trillion......................................READ MORE