Nigeria, Feb. 17 -- Nigerian stocks fell further on Wednesday as equities went down by 0.07 per cent or N15.188 billion as sell pressure on some mid-cap and industrial goods stocks weighed on trade.

Vitafoam, Beta Glass, Guinness and Transcorp drove losses in a market beset by prolonged profit-making.

The Industrial Goods Index was the day's worst performer of the five sectorial indices, sliding by 0.80 per cent to 1,913.49 index points on account of depreciation recorded by Beta Glass and BUA Cement.

A negative market breadth was recorded with 22 losers emerging against 18 gainers. The All Share Index declined to 40,465.35 index points while market capitalisation shrank to N21.169 trillion.

Year to date, the index is up by 0.48 per c...