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Nigerian Equity Markets | 13 Oct 2015: Nigerian Equities Market Retracts Uptrend… ASI Down 57bps
Lagos, Nigeria, Capital Markets in Africa — The Nigerian equities market retracted two consecutive days of gains as the composite index fell 57bps to close at 30,058.40 points after today’s trading session. In a similar manner, market capitalization lost N59.2bn to settle at N10.3tn. Today’s pullback was consequent on sell offs in DANGOTE CEMENT (-1.8%), NIGERIAN BREWERIES (-1.1%) and PZ (-3.9%). At end of trade, total volume and value of transactions traded declined 7.7% and 6.6%…
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