Nigeria: Bears Maintain Strong Hold On Nigerian Equities Market

25 March 2019

The Nigerian equities market remained bearish last week as investors paid little attention to the announcement of improved results and declaration of dividends by some companies. The market was under the firm control of the bears for four out of the five days.

However, the decline recorded by the Nigerian Stock Exchange (NSE) All-Share Index (ASI) was marginal, as it fell by 0.01 per cent to close at 31,139.35. Market capitalisation shed N1.3 billion to close at N11.6 trillion.

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