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Nigeria equity market extends negative outlook, down by 0.35 per cent

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The Nigerian Stock Exchange (NSE) extended negative outlook for the second consecutive days with crucial market indices dropping further by 0.35 per cent amid profit taking.

Specifically, the All-Share Index on Thursday lost 111.68 points or 0.35 per cent to close at 32,010.06 compared to 32,121.74 achieved on Wednesday.

Flour Mills lost 95k to close at N19, while Guaranty Trust Bank shed 30k to close at N37.65 per share. Cadbury followed with a gain of 80k to close at N11, while Dangote Flour gained 45k to close at N11.35 per share. Zenith Bank was investors delight leading the activity table with a turnover of 34.81 million shares worth N859.73 million.

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