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Nigeria Market Watch | May 19th 2015: Nigerian equities market reversed its 4-Day uptrend
Lagos, Nigeria (Capital Markets in Africa):- The Nigerian Equities market reversed its 4-Day uptrend as the market slipped 21bps to close at 34,706.93 points. Today’s decline was against the backdrop of losses sustained in NIGERIAN BREWERIES (-1.9%), DANGOTE CEMENT (-0.3%) and WAPCO (-2.1%). Similarly, market capitalization eased N25.3bn to close at N11.8tn. Nevertheless, market activity strengthened as volume and value traded appreciated 16.9% and 39.3% to close at 357.2m units and N4.1bn respectively. Mixed Sector Performance…
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