Following profit taking in Presco and 20 stocks, negative sentiments resurfaced on the Nigerian Exchange Limited , yesterday, causing the All-Share Index to dip by 0.2 per cent.
The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; Presco, Ecobank Transnational Incorporated , Unilever Nigeria, Flour Mills of Nigeria and Guaranty Trust Holding Company . However, JohnHolt topped the losers chart with 10 per cent to close at N1.44 kobo while Presco Plc trailed with a loss of 9.54 per cent to close at N182. Daar Communication dipped by 8.70 per cent to close at 21 kobo, Deep Capital declined by 7.41 per cent to close at 25 kobo. Jaiz Bank fell by 6.25 per cent to close at N1.50 kobo.
To Afrinvest: “Investors sentiments as measured by market breadth declined to -0.18x as 13 stocks advanced, 27 declined. Tomorrow, we anticipate the bearish sentiments to linger in the absence of positive catalyst.” Following profit taking in Presco and 20 stocks, negative sentiments resurfaced on the Nigerian Exchange Limited , yesterday, causing the All-Share Index to dip by 0.2 per cent.Operator of the Murtala Muhammed Airport Terminal II facility, Bi-Courtney Aviation Services Limited, has raised user-fees of car park and in-terminal lounge services by about 33 per cent.