Nigerian equities halted their month-long rally with a 44 per cent decline in turnover as investors appeared to take a pause on global stocks. Nigerian equities closed weekend with average decline of 0.72 per cent, equivalent to net capital depreciation of N90 billion.
Nigerian stock market performance trailed global equities indices with declines across major advanced and emerging economies. United States of America’s Dow Jones Industrial Average and S & P 500 closed weekend with average decline of 2.9 per cent and 2.6 per cent respectively.
Nigerian stock market performance trailed global equities indices with declines across major advanced and emerging economies. United States of America’s Dow Jones Industrial Average and S & P 500 closed weekend with average decline of 2.9 per cent and 2.6 per cent respectively.