By Paul Richardson
Nov. 6 (Bloomberg) -- Nigeria’s benchmark All-Share Index rose 198.51, or 1.8 percent, to 21,517.29, according to data obtained from the Nigerian Stock Exchange’s Web site.
C&I Leasing Plc (CILEASIN NL), a car and machinery-leasing company, rose 4 kobo, or 1.8 percent, to 2.25 naira.
The Lagos-based company announced earlier today that net income in the six months through July rose 29 percent to 281.3 million naira ($1.85 million), as sales jumped by three- quarters.
GlaxoSmithKline Nigeria Plc (GLAXOSMI NL), a unit of GlaxoSmithKline Plc, fell 1.22 naira, or 5 percent, to 23.32 naira.
The company announced earlier today that net income in the three months through September jumped 47 percent to 1.65 billion naira ($10.9 million), as revenue advanced by a quarter.
To contact the reporter on this story: Paul Richardson in Johannesburg at pmrichardson@bloomberg.net.
Last Updated: November 6, 2009 11:19 EST
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