The depth of the profit-taking in the market this week led stocks beyond the low last seen on March 19, when the benchmark index touched 38,382.39, as the market value of shares slid to N19.975 trillion, the lowest point since the year started.
It is probable that the central bank, which held the benchmark rate at its two previous meetings will take a contractionary stance to curb inflation by limiting spending. But that will come at a cost, given that such a policy direction often discourages borrowing and stunts economic growth.was negative as 41 laggards emerging against 26 gainers.
The trade volume of 1.048 billion shares estimated at N11.543 billion was recorded in 17,233 deals. This compared with the 840.334 million shares worth N9.561 billion that were traded in 13,239 deals the week before.
Qasim has seen divine dreams since the age of 5. His first dream was a vision of ascension on a stairway that lead towards the clouds and beyond. Qasim’s dreams have many predictions for the future of mankind. Visit or search Muhammad Qasim Dreams