The market loss was driven by price depreciation in large and medium capitalised stocks among which are Airtel Africa, Nigerian Exchange Group, Champion Breweries, NEM Insurance, and UAC of Nigeria.
As measured by market breadth, market sentiment was positive as 18 stocks gained relative to 16 losers. Thomas Wyatt Nigeria recorded the highest price gain of 9.43 per cent to close at N1.16, per share. Mutual Benefits Assurance followed with a gain 7.14 per cent to close at 30 kobo, while Academy Press went up by 5.65 per cent to close at N1.31, per share.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
Nigerian stock market. Cos there's currently a bull run. The economy is on the verge. Seems PMB will go out crashing the economy. The only thing that will revive it a bit is a PO win. If Nigerians are unfortunate enough to vote wrong, Venezuela will be child's play.
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