Nigerian stocks posted loss for the fourth day in a row on Thursday, declining 0.51 per cent as sell-offs in bellwether stocks including Seplat, MTNN, GTCO and Zenith triggered the pullback.
Market breadth, which gauges the depth of investor sentiment, was negative as 34 laggards were recorded compared to 17 gainers. Japaul added 5.26 per cent to end the trade at N0.40. FTN Cocoa completed the top 5, climbing by 4.26 per cent to N0.22.BOC Gases was the worst performing stock, dropping 10 per cent to close at N9.45. UPDC shed 9.09 per cent to close at N0.90.
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