Browsing: Lafarge Africa

Cement company Lafarge Africa Plc lost about 10% of its market value due to heavy sell-offs on the Nigerian Exchange. The sell pressure aligned well with broader market direction, stockbrokers said, reflecting an ongoing market correction that has lasted for three days.

Equities investors lost more than N72 billion as selloffs halted eight days of gaining streaks on the Nigerian Exchange on Friday. Trading session ended negative due to profit-taking activities on Aradel Holdings, halting an eight-day rally.