Nigeria: Rencap - Stock Market Plunge May Last Till Jan 2016

15 November 2015

As the nation's capital market continues to reflect a regime of weak performance of quoted firms in the third quarter of the year, financial analysts have predicted that the stock market plunge may continue till January next year.

In its economic review, the Lagos-based financial and investment advisory firm, Renaissance Capital projected that the capital market will continue to react negatively to the Q3 2015 results that have been released. It however tells investors to expect a rebound in January next year.

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