Nigerian equities entered the fourth day of a slide on Friday, dropping by 0.06 per cent as week-to-date loss topped N130 billion and investors continued to cast their glances in the way of improving yields in fixed income securities.
Investors in the hunt for greater returns on investment are increasingly selling off stocks and ploughing the proceeds in bonds and treasury bills at a time majority of companies’ earnings reports for 2020 are yet to be issued.
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