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Nigerian Equity Markets | 15 Mar 2016: Nigerian Bourse Closes Lower on Profit Warning… NSE ASI down 0.4%
LAGOS, Nigeria, Capital Markets in Africa — At the end of today’s trading session, the All Share Index declined 0.4% to close at 24,745.13 points as the Nigerian bourse continued its retreat into the negative zone. Congruent to the ASI, market capitalization also declined N37.3bn to settle at N8.9tn. Today’s decline was driven by price depreciation in key Banking counters such as ETI (-9.7%), DIAMOND (-8.8%) and GUARANTY (-2.5%) as ETI issued a profit warning…
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