NSE: Trading returns to negative territory, indices down by 1.36 per cent

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The nation’s bourse returned to negative territory on Thursday with indices declining by 1.36 per cent, due to profit taking.

Consequently, the All-Share Index decreased by 309.51 points or 1.36 per cent to close at 22,470.79 against 22,780.30 achieved on Wednesday.

Analysts at Afrinvest Limited stated that, “In line with current events shaping economic and business activities, we also foresee the first quarter, 2020 corporate earnings to partly influence investors’ sentiments in the short term.” Transactions on shares of Access Bank topped the activity chart with 46.81 million shares valued at N297.34 million.

 

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