The Nigerian equities market resumed trading for the week on Monday still on a negative trend with the market indices nosediving by 1.05 per cent.
Consequently, the month-to-date declined to 3.71 per cent, while Year-to-Date moderated to 3.47 per cent. United Capital Plc, however, noted that: “This week, we expect the market to remain half-hearted as seen in the past few weeks as earnings reports failed to sway investors.” Oando shed 4.17 per cent to close at N3.45, while Jaiz Bank dropped 2.90 per cent to close at 69k per share.
Prestige Assurance increased by 9.26 per cent to close at 59k, while Japaul Oil and Maritime Services appreciated by 9.09 per cent to close at 24k per share.
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