SHARE PRICES FALL TO 10-YEAR LOW AS WEAK ECONOMY, UNCERTAINTIES CONTINUE

[FILES] Nigerian Stock Exchange Prevailing economic downturn has continued to trigger persistent fall in share prices of listed firms, as share prices of most bluechip companies quoted on the Nigerian Stock Exchange (NSE), hit 10-year low under the current financial year. Among these stocks are Flourmill of Nigeria, UACN, Guinness, Julius Berger, Honeywell Flour, UACN Property Development Company, GlaxoSmithKline, PZ Cussons and a host of many others, which are currently trading at levels last seen at almost a decade. Investors that have held the stocks in the last 10 years, have lost…

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