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Nigerian stocks shrink further as sell pressure weighs on banks' shares

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The index is down by 3.67 per cent year to date.

Capital Hotel led gainers, appreciating by 9.85 per cent to close at N2.90. Oando went up 9.81 per cent to N5.26. BOC Gases rose to N9.20, notching up 8.88 per cent.

FTN Cocoa added 8.16 per cent to end trade at N0.53. Livestock completed the top 5, climbing by 4.80 per cent to N2.40.Tripple Gee was the worst performing stock, declining by 10 per cent to close at N0.90. Consolidated Hallmark shed 10 per cent to close at N0.54. Pharma Deko fell to N1.09, losing 9.92 per cent. Regal Insurance slid to N0.41, recording 6.82 per cent depreciation. Eterna closed at N7.10, going down by 6.58 per cent.Altogether, 237.510 million shares estimated at N1.

Oando was the most active stock with 44.290 million units of its shares worth N232.963 million traded in 417 deals.

 

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