Profit taking: NSE on Tuesday maintains negative outlook

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The crucial market indicators of the Nigerian Stock Exchange (NSE) on Tuesday extended negative outlook, dropping further by 0.99 per cent.

Specifically, the All-Share Index, which opened at 30,527.50, shed 300.73 points or 0.99 per cent to close at 30,226.77, amid price losses.

An analysis of the price movement table shows that Nestle recorded the highest loss, dropping by N50 to close at N1, 400 per share. Unilever dropped by N3.30 to close at N35.70, while Forte Oil shed N2.75 to close at N24.95 per share.Dangote Sugar followed with a gain of 80k to close at N15, while Ikeja Hotel added 20k to close at N2.26 per share.

 

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