Between 31st December 2007 and the peak of the bull run in early March 2008, the market gained 14.45 per cent.
By year end 2008, the NSE All Share Index which gained 74.73 per cent the previous year, had declined by 45.8 per cent while equity market capitalization declined by 32.4 per cent from N10.3 trillion at year-end 2008 to N6.96 trillion at the close of 2008.