Nigerian stocks sink further on GTB, SFSREIT, Transcorp losses

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The benchmark index eased by 48.69 points to 38,648.48 points while market capitalisation slipped to N20.221 trillion.

Flour Mills led gainers, appreciating by 10 per cent to close at N29.70. Regal Insurance added 10 per cent to end today’s trade at N0.33. NEM advanced 9.73 per cent to N2.03. NNFM rose to N5.65, notching up 9.71 per cent in the process. Livestock completed the top 5, climbing up by 9.29 per cent to N2.SFRSREIT topped losers, depreciating by 9.96 per cent to close at N62.40. Unity Bank shed 9.59 per cent to end today’s trade at N0.66.

African Alliance Insurance fell to N0.20, losing 9.09 per cent. Sovereign Trust Insurance slumped to N0.24, recording 7.69 per cent depreciation. Wema closed at N6.15, going down by 0.61 per cent.

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Make GTB loose more!! Dem don too tiff my money

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