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Nigeria Equity Watch | 24 July 2015 : Nigerian index remained bearish today as recent results failed to lift the pessimistic mood
Lagos, Nigeria (Capital Markets in Africa) — The index remained bearish today as recent results failed to lift the pessimistic mood even as economic uncertainties weighed deeper(ASI -0.40%). Consumer names were the biggest drag, PZ(-3.33%), Flourmill(-2.98%) and NB(-1.56%) all dropped on increased selling pressure, NB particularly closed below a two-and-a-half year low at N126.99. Financials ended somewhat mixed albeit the overall sentiment was still bearish, Zenith(-1.24%) slipped lower in oversold territory as offer volumes continue…
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