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Bear run continues on losses by big-cap stocks

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Trade ended with a positive breadth with 24 gainers recorded against 22 losers.

The all-share index inched lower by 319.08 basis points to 39,114.73, while market capitalisation dipped to N20.470 trillion. Year to date, the index is down 2.87 per cent.Conoil led the flock of gainers, appreciating by 10 per cent to close at N18.70. Seplat added 9.99 per cent to end trade at N604.40. Linkage Assurance went up by 8.62 per cent to N0.63. Access rose to 8.10, notching up 5.19 per cent in the process.

completed the top 5, climbing by 4.88 per cent to N1.29.BOC Gases topped losers, declining by 9.99 per cent to close at N12.25. Livestock shed 9.90 per cent to end trade at N1.73. Scoa fell to N2.15, losing 9.66 per cent. Red Star Express slumped to N3.11, recording 9.59 per cent depreciation. Regal Insurance closed at N0.29, going down by 9.38 per cent.

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