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Stock market dips by 1.2% amid profit-taking

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The Nigerian Exchange Limited on Tuesday witnessed a further drop in market indices by 1.2 per cent, amid sustained negative investment sentiments.

On the other hand, Chams drove the losers’ chart in percentage terms by eight per cent to close at 23k per share.

Dangote Cement lost 4.17 per cent to close at 276k, while Fidson Healthcare shed 2.95 per cent to close at N9.55 per share. Transactions in the shares of Transcorp topped the activity chart with 61.49 million shares valued at N85.31 million.

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