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QI 2017: Recession retards stock market growth

Published by New Telegraph on Wed, 05 Apr 2017


Nigeria's capital market witnessed an unprecedented lull in the first quarter of the year. CHRIS UGWU writes that the recession, which has fuelled uncertainty, has impacted negatively on the market Despite hope of a bouyant 2017, investors' cumulative Year-to-Date (YTD) returns on investments in equities during the first quarter of the year closed negatively at -5.05 per cent. Available statistics analysed by New Telegraph showed that activities on the Nigerian Stock Exchange (NSE), which opened the trading year high at N9.246 trillion in market capitalisation and 26.874.62 in index at...The post QI 2017: Recession retards stock market growth appeared first on New Telegraph Newspapers.
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