Nigeria, May 5 -- Nigerian stocks posted a further loss Wednesday, depreciating 0.92 per cent in a retreat led by bank stocks just as liquidity worsened by 18 per cent.

Profit-taking in the shares of Zenith, GTB and Stanbic accounted most for the decline. Also weighing on performance, the oil and gas index slipped 2.29 per cent to 262.59 points.

A negative market breadth was recorded as 24 losers emerged against 15 gainers.

The all-share edged down by 367.97 points to 39,433.81. Similarly, market capitalisation slipped, falling by N193 billion to N20.637 trillion at the end of trade.

Year to date, the index is down by 2.08 per cent.

Lasaco led the flock of gainers, appreciating by 9.62 per cent to close at N1.71. Linkage Assurance ad...