Nigeria’s equities market recorded a decline by 0.34 percent on Thursday as investors sold stocks like Wema Bank, UPDC, C&I Leasing, Lasaco, and Sovereign Trust Insurance.
The market recorded this major dip, its highest in a month, as previous rallies usher profit takers into the Nigerian Bourse.
The record dip has moderated this year’s positive return to 41.23 percent. Week-to-date (WtD), the market has recorded a dip by 0.27 percent despite equal sessions of positives and negatives closes.