140812 NSE ASI dips by -0.64% as DANGCEM records -2.17% loss

Trading activities on the Nigerian bourse closed with the bears as envisaged in our previous report to halt the three-day rally amid positive but weak market breadth while the negative transaction witnessed in the share price of Dangote Cement Plc also contributed to the outlook recorded after today’s session.

Nevertheless, the key benchmark indices retraced as sentiments turned negative, taking hits majorly from Large CAP stocks which was particularly driven by DANGCEM.

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