140612 All-Share Index dips by -0.22% as the bears re-surface
...trading activities closed with the bears to halt the three-day rally as sell pressure outweighed bargain hunting while market breadth closed considerably weak compared to previous outlook amid increased volume turnover and Naira votes.
Nevertheless, the key benchmark indices resumed downtrend as sentiments turned negative, 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 renewed selling activities witnessed in Consumer Goods, Financial Services and Oil & Gas sectors.
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