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Nigeria Equity Watch | 15 July 2015 : All Share index shed 128bps to drop below the psychologically important level of 31,000 points
Lagos, Nigeria (Capital Markets in Africa) — The Nigerian equities market continued its negative strides into the eleventh session as the All Share Index (ASI) dipped further by 1.3% to settle at 30,970.51pts. In like manner, market capitalisation also fell N137.4bn to close at 10.6tn. Against the gloomy investor sentiments in the equities market, price decline in bellwether consumer goods (NIGERIAN BREWERIES) and industrial goods (DANGOTE CEMENT) counters led to the further decline in the…
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