The nation’s bourse on Thursday sustained its bearish run, dropping by 0.35 per cent due to sell pressure.
The downtrend was caused by losses recorded in large and medium capitalised stocks, amongst which are: MTN Nigeria, Dangote Cement, Forte Oil, Global Spectrum Energy Service and Caverton Offshore Support Group. Caverton Offshore Support Group lost 8.95 per cent to close at N2.34, while Oando dipped five per cent to close at N3.80 per share.
The total volume traded surged by 127.59 per cent with an exchange of 359.11 million shares worth N1.89 billion traded in 3,099 deals.
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