Tuesday, 25 August 2015 17:12
LAGOS: Nigeria’s stock index fell to a more than six-month low early on Tuesday, its second day of losses, as investors worried about the persistent decline in crude prices and a slowdown in China’s economy sold off frontier market shares.
The bourse, which has the second-biggest weighting after Kuwait on the MSCI frontier market index, fell 1.95 percent at 1033 GMT to 28,645 points, its lowest since February 18, as investors sold off shares in relatively liquid consumer goods, oil and banking sectors.
