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Nigerian Equity Markets | 09 Nov 2015: Equities Open Soft on Blue Chips Sell-down…. ASI declines 3bps
Lagos, Nigeria, Capital Markets in Africa — The Nigerian equities market closed soft on the first trading day of the week as investors continue to trade cautiously despite the attractive upside value stocks currently presents. Although sentiment swung positive with more gainers than losers, sell down pressure recorded in blue-chip counters — DANGOTE CEMENT (-0.6%) and NIGERIAN BREWERIES (-0.7%) led to a mild 3bps decline in the benchmark equity All Share Index to 29,168.04 points, whilst…
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