on Tuesday with investors net worth dropping by N127 billion due to profit taking.
The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; Dangote Cement, Guaranty Trust Bank, Access Bank, BUA Cement and Zenith Bank.Analysts at Afrinvest Limited said that “we expect performance in the market to remain mixed in the near term. However, there are still opportunities for bargain hunting.”
Eterna came second with a loss of 9.72 per cent to close at N3.25, while Champion Breweries dropped 7.14 to close at 91k per share. Honeywell Flour Mills improved by 4.85 per cent to close at N1.08, while Courteville appreciated by 4.35 per cent to close at 24k per share.
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