… Analysts predict positive close next week
By Nkiruka Nnorom
The equities market tumbled by N41 billion this week following losses recorded by a total of 33 companies.
But market pundits have said that the market would close positive next week baring any negative news.
Analysis of activities in the market showed that AG Leventis Plc, which led the losers, fell by 14.06 percent to close at N0.55 from N0.64. 11 Pl followed, declining by 14 percent to close at N172.00 from N200.00; Mutual Benefits Assurance plc ranked third, declining by 12.12 percent to close at N0.29 from N0.33; Niger Insurance depreciated by 8.82 percent to close at N0.31 from N0.34, while Presco Plc slipped by 8.33 percent to close at N66.00 from N72.00 per share.
Consequently, the All Share Index, ASI shed 0.28 percent to 40,814.89 points, following sessions of mixed trading.
The market capitalisation also fell…
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