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Equities market extend losing streak as index slumps further | The Guardian Nigeria News - Nigeria and World News

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“We expect the mixed performance to continue on renewed positive sentiment and momentum, as the market continues to interpret the recently-released company scorecards, and align their portfolios along with the impressive numbers.' Nigeria

Precisely, the ASI fell by 151.69 absolute points, or 0.58 percent to close at 26,223.66 points. Similarly, market capitalisation lost N73billion to close at N12.766trillion.

Market breadth closed negative, with 10 gainers versus 12 losers. Cornerstone Insurance recorded the highest price gain of 8.89 percent to close at 49 kobo per share.Law Union and Rock Insurance followed with a gain 8.70 percent to close at 50 kobo, while Lasaco Assurance garnered 3.85 per cent to close at 27 kobo, per share.

 

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