ASHON Advises Investors against Panic Sale as Market Records Further Decline
(WorldNews Business)

Goddy Egene As prices of shares continue to dip at the stock with some hitting two-year low, the Association of Securities Dealing Houses of Nigeria (ASHON) has cautioned investors against panic sale of their securities, to avert losses. The association insisted that the stock market would soon rebound. The local bourse booked another decline for the third consecutive week as the Nigerian Stock Exchange (NSE) All-Share Index fell 2.27 per cent to close at 27,919.50, while market capitalisation ended at N13.922 trillion. The market had depreciated by 2.41 per cent the previous week. However, while some nervous and short term investors may be contemplating selling to exit the market due to the...