In the trading week ended Friday, August 15, Nigeria’s stock market decreased by 0.77percent. The value of Nigeria’s listed equities also decreased by N713billion as profit taking activities resurface at the Nigerian Bourse.
In the review trading week, equities market recorded three days of negative closes as against two days of positives, as investors invade the local bourse in hunt for profit following weeks of rally.
Except NGX Insurance index, all other key sectoral indices closed the week in red.