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Nigeria Equity Watch | 28 July 2015 : Nigerian Equities Market Hemorrhage Persists …NSE ASI down 63bps
Lagos, Nigeria (Capital Markets in Africa) — The Nigerian Bourse dipped 63bps at the close of market as the All Share Index (ASI) berthed at points, hence YTD loss settled at -11.7%. Today’s decline was attributed to persistent bearish sentiment on counters such as ZENITH (-2.8%), NIGERIAN BREWERIES (-1.5%) and GUARANTY (-1.5%). Similarly, Market capitalization shed N66.1bn to close at N10.5tn. Market activity on the other hand improved as volume and value rose 191.5% and…
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