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Nigeria Equity Watch | 07 Aug 2015 : Nigerian Equities market halts gains today after four consecutive days of gains …
Lagos, Nigeria (Capital Markets in Africa) — The Nigerian Equities market halted gains today following four consecutive days of gains as the Benchmark Index (ASI) eased 17bps to close at 31,441.71 points. The market performance was primarily influenced by price depreciation in banking counters such as STANBIC (-4.1%), GUARANTY (-2.4%) and ZENITH (-1.7%). Thus, investors lost a total of N18.5bn today as market capitalization settled at N10.8tn. Activity level within the market also declined as…
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