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Stocks Market Sustains Losses Amid Presidential Election Results

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The Nigerian stocks market, yesterday posted another negative performance as the All Share Index (ASI) declined by 0.71 per cent following continued profit taking in high capitalised stocks amid declaration of presidential election results. The All Share Index (ASI) declined 229.58 absolute points, representing a dip of 0.71 per cent, to close at 32,244.24 points. […]

 

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Presidential Election Result: Nigeria stock market loses N85bn in six hoursThe market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as a result of the presidential poll. We said and the results are not finally out and the repercussions are already with us. We all shall bear the pain. Propaganda warfare Looters are shaking!!
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