110412: Nigerian Stock Market slides further as sentiment remains unchanged
Equity Market maintained negative position for the second successive session as the twin market indicators, NSE ASI & CAP, moved in opposite directions with Index shedding -30.97 basis points while market CAP gained N27.14bn amid decreased volume turnover and Naira votes.
Nevertheless, the key benchmark indices closed downbeat as sentiments remained red, taking hits majorly from Large CAP stock which was particularly driven by ZENITH while Medium CAP stocks also contributed to the outlook recorded today due to continuous selling activities witnessed in Consumer Goods and Financial Services sector.
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