NSE All-Share Index loses 0.26 per cent

The All-Share Index of the Nigerian Stock Exchange (NSE) ended trading on Friday with a loss of 0.26 per cent.

The News Agency of Nigeria (NAN) reports that the index which opened at 28,140.41 lost 73.32 points or 0.26 per cent to close at 28,067.09.

Researchers at Cordros predicted that the trend witnessed this week would likely persist.

They noted that the dual impacts of the weakening sentiment and mixed earnings performances during earnings season were expected to pressure market returns.

They, however, urged investors to take positions in fundamentally justified stocks.

MTN Nigeria Communication topped the losers’ chart, dropping by N1.20 to close at N117 per share.

Cadbury trailed with a loss of 70k to close at N9, while C & I Leasing dipped 60k to close at N5.40 per…

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