The stock market on Friday witnessed a downturn as performance indices declined by 0.25 per cent.
Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N167 billion or 0.25 per cent to N66.351 trillion from N66.518 trillion recorded on Thursday.
Also, the All-Share Index dropped by 0.25 per cent or 265.81 points to close at 105,955.13 against 106,220.94 posted the previous day.
The market breadth closed negative with 24 losers and 22 gainers.
On the losers’ chart, Tantalizer declined by 9.85 per cent to close at N2.93, while Jaiz Bank lost 9.72 per cent to close at N3.25 per share. Neimeth International Pharmaceutical fell by 9.45 per cent to close at N2.49, and Dangote Sugar declined by 7.76 per cent to close at N35.05 per share. Also, Lasaco Assurance lost 5.96 per cent to close at N2.68 per share.
On the gainers’ chart, Royal Exchange increased by 10 per…
Read More