ACCESS, Stanbic, OANDO Drive Midday Loss on Nigerian Bourse
The Nigerian Exchange is on the decline as banking and other industries stock prices are descending as the Santa Claus rally remains away from the local bourse on Tuesday.
The equity market is currently trading on a bearish note following price declines in ACCESS (-0.55%), STANBIC (-1.39%), WEMABANK (-2.50%), OANDO (-6.52%), and UPDC (-6.90%), Alpha Morgan Capital said in a note.
Overall, the Nigerian Exchange All Share Index is lower by -0.02% but there is a possibility that a fresh buying interest could upturn the market.
