Stocks fall to 8-year low as foreign investors spurn Nigeria

The Nigerian’s stock market index fell further yesterday by 0.61 percent to 19,829.29 points, its lowest level since November 2003. This level recorded in the All Share Index yesterday was compared with the preceding day’s 19,951.13 points. Likewise, the market capitalisation dropped further, by N38.34 billion to N6.24 trillion, from N6.279 trillion the preceding trading day.
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Added December 07, 2011
from Businessday Nigeria