Negative trend persist as stocks plummet 1.6%

Equities segment of the Nigerian Stock Exchange began trading for the week on a negative note, following profit taking activities in Nestle Nigeria Plc (-8.3%) and Eco Transnational Incorporated (-3.4%) and losses in Nigerian Breweries (-5.6%). Consequent on this, the All Share Index (ASI) retreated by 1.6 percent to 30,531.69 points as year-to-date return further […]