Post election: Stock market sheds N84bn as cautious trading persist - Vanguard News Nigeria

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Post election: Stock market sheds N84bn as cautious trading persist vanguardngr.com vanguardnews

Similarly, the bench mark index, Nigerian Stock Exchange, NSE All Share Index, ASI also fell by 0.69 percent to close at 32,473.82 following heavy losses recorded by Nestle Nigeria , Union Bank Nigeria, UBN and First Bank Nigeria Holding, FBNH .

Sector performance was mixed as 2 out of 5 sectors recorded decline. The Consumer Goods and Banking indices shed 1.6 percent and 1.2 percent respectively, on the back of profit taking in Nestle , Guaranty Trust Bank and Zenith Bank . Investor sentiment as measured by the market breadth moderated as 21 stocks advanced against 20 decliners.

 

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