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Nigerian Equity Markets | 12 Nov 2015: Equities Market Pullback on Loss in NIGERIAN BREWERIES…. ASI Drops 74bps
Lagos, Nigeria, Capital Markets in Africa — The Nigerian Equities market retreated into the negative territory after the marginal gain recorded yesterday as the All Share Index (ASI) declined 74bps to close at 28,798.67pts, whilst market capitalization shed N74.3bn to close N9.9bn. Consequently, MTD and YTD losses widened to 1.3% and 16.9%. The pullback in the broader index was majorly due to the sustained sell-pressure in NIGERIAN BREWERIES (-2.3%) and depreciations in WAPCO (-4.0%) and ETI…
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