Nigeria’s equities market on Wednesday records its first negative close, confirming analysts expectation of mixed trading sessions this week.
After last week’s disappointing outing at the Nigerian Exchange Limited (NGX) where over N500billion loss was recorded, most investors took buy decisions early this week as many undervalued counters offered re-entry opportunities.
The market couldn’t sustain the positive as it closed lower by 0.10 percent or N74billion on Wednesday.