Nigeria’s stock market furthered it negatives on Wednesday by 1.19 percent, its highest decline since the beginning of this month.
Stock investors are still taking profit in names that had rallied ahead of November, and this sentiment is expected to persist on concerns after weekend’s threat by United States President Donald Trump.
Wednesday’s huge decrease has further reduced stocks value by about N1.3trillion, extending three-day dip to over N2.1 trillion.