Browsing: Equities

The Nigerian equities market extended its bearish run on Thursday, with the All-Share Index declining 0.37% to settle at 242,227.31 points.  The local bourse shrank as sell pressure persisted for four days straight, in what some stockbrokers now call a price correction after a fast-and-furious rally.

Equities investors gained about N11 billion on the Nigerian Exchange (NGX) trading platform as lightweight stocks rallied. The local bourse rebounded, breaking a four-day losing streak as key market performance indicators recorded a modest gain of 0.02%.