Also, the All Share Index fell by 210.98 points or 0.79 per cent to 26,598.94 points. Accordingly, investors lost N103 billion in value as market capitalisation declined to N12.948 trillion.
But he expects the mixed trend and patterns to reduce selloffs, as bargain hunters take advantage of the pull-back to position ahead of quarterly scorecards, especially now that the NSE-ASI recently tested a new low and rebounded same day, a good sign of imminent reversal if supported by positive sentiments, while the interplay of market forces determine direction.
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