Nigerian stocks taper by N16 billion as GTB, FBN Holdings fuel loss

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The all-share index was down by 0.08 per cent.

The all-share index was down by 30.82 points at 38,256.76 index, while the market capitalisation slowed to N19.940 trillion.C&I Leasing topped the gainers’ chart, appreciating by 9.85 per cent to close at N4.46. Royal Exchange climbed up by 8.82 per cent to N0.74. Consolidated Hallmark added 7.27 per cent to end trade at N0.59. Neimeth advanced by 7.02 per cent to N1.83. The Initiates rose to N0.

47, notching up 6.82 per cent in the process.Lasaco led laggards, declining by 7.14 per cent to close at N1.43. Champion Breweries shed 5.66 per cent to end today’s trade at N2. Lasaco fell to N1.15, losing 4.96 per cent. Chams slumped to N0.20, recording 4.76 per cent decline. Mansard closed at N0.86, going down by 4.44 per cent.Altogether, 250.204 million shares valued at N1.552 billion were traded in 3,534 deals.

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