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Nigeria Market Watch | May 25th 2015: Nigerian equity market extends losses to 5th day
Lagos, Nigeria (Capital Markets in Africa):- The Nigerian Bourse fell 0.4% at the close of market today and berthed at 34,151.81 points. The NSE ASI sustained decline largely due to the price depreciation in NESTLE (-1.3%), ZENITH (-1.1%) and UBN (-4.3%). Market capitalization also shed N40.9bn to close at N11.6tn. Market activity however improved as volume and value rose 9.1% and 33.1% to 220.5m units and N2.7bn respectively. WAPCO Drives Gains in Industrial Index The Industrial Index…
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