Nigeria, Dec. 11 -- The Nigerian stock market slipped further on Wednesday as renewed sell pressure dragged market capitalisation down by N34 billion.
The all-share index fell by 78.28 points to close at 146,862.01, reflecting a 0.05 per cent decline, while overall valuation settled at N93.625 trillion.
Trading data showed that losses in several medium and large-cap stocks, including UACN, Nigerian Breweries, Access Holdings, Oando and Haldane McCall, contributed significantly to the market's negative performance.
Sectoral activity also leaned bearish, with insurance recording the steepest drop at 0.39 per cent. Consumer goods fell by 0.14 per cent, oil and gas slipped by 0.08 per cent and banking moderated by 0.04 per cent. The ind...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.