Activities on the Nigerian Stock Exchange , for the second consecutive day, maintained bearish trend, dropping further by 1.02 per cent due largely to mixed 2018 earnings reports.
The drop in market indices was contrary to expectations of some market analysts who were of the opinions that the market would rebound following relatively peaceful conduct of the general elections. Meanwhile, Mobil recorded the highest loss during the day, declining by N5.10 to close at N165 per share.
Africa Prudential increased by 12k to close at N4.92, while Union Bank of Nigeria gained 10k to close at N7 per share.
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Nigeria equity market extends negative outlook, down by 0.35% - Vanguard News NigeriaThe Nigerian Stock Exchange (NSE) extended negative outlook for the second consecutive days with crucial market indices dropping further by 0.35 per cent amid profit taking.
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