Nigeria Equity Watch | 23 July 2015 : Nigerian equities extend Losses … market cap down N18.2 billion, NSE ASI down 16bps
Lagos, Nigeria (Capital Markets in Africa) — The equities market extended yesterday’s decline, as the benchmark index (ASI) slipped 0.2% to close at 31,216.72 points. Thus, YTD return depreciated to 9.9%. Also Market capitalization waned N18.2bn to berth at N10.7tn. Market performance for the day was mainly driven by price depreciations in banking and consumer goods stocks such as ZENITH (-0.5%), STANBIC (-2.1%) and UNILEVER (-2.1%). Market activity was however mixed as volume traded eased…
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