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Dangote Cement, Forte, NB, others lead stock market downtrend

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Nigeria stocks tumbled on Monday as investors waved off stronger than expected first-half (H1) numbers and focused on fears of increasing political risks. The Nigerian Stock Exchange (NSE) All Share Index (ASI) decreased by 0.87percent, while the Year-to-Date (ytd) stood negative at 0.77percent. Only 16 stocks gained as against 20 losers. The stock market routed south despite…

Please visit http://www.businessdayonline.com/markets/article/dangote-cement-forte-nb-others-lead-stock-market-downtrend/ to access this member content.

The post Dangote Cement, Forte, NB, others lead stock market downtrend appeared first on BusinessDay : News you can trust.

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