Codros Capital Limited
Liquidity, confidence issues sustain hold on NSE index
The challenge of availability of cash and waning investor confidence that has persisted in the nation’s stock market continued to impact on market indices last week. The Nigerian Stock Exchange (NSE) All-Share Index (ASI) and market capitalisation depreciated by 0.99 percent to close the week at 27,525.81 points and N13.391 trillion respectively.
Market indices end negative, analysts see gloomy week
There seems to be no end in sight for the reign of bears, as persistent selloff by investors to either cut off losses or claw back gains, depressed transactions further on the equity sector of the Nigerian Stock Exchange...