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Nigerian stocks dip to 5-week low

Published 27/06/2019, 13:59
Updated 27/06/2019, 14:00
Nigerian stocks dip to 5-week low

LAGOS, June 27 (Reuters) - Nigerian stocks .NGSEINDEX
dropped to its lowest in five weeks on Thursday after
heavyweight Dangote Cement DANGCEM.LG declined.
Stocks have been on a losing streak since the end of May and
has fallen for fourth straight days. However, losses on Dangote
Cement, its most capitalised listed companies on the exchange,
worsened the decline. MTN Nigeria, the exchange's second biggest
capitalised company was on a back foot but later recovered.

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