The All Share Index decreased by 35.72 absolute points, representing a dip of 0.08 per cent to close at 44,011.22 points. Similarly, the market capitalisation lost N19 billion to close at N23.972 trillion.
Analysts at Afrinvest Limited said, “in the final trading session for the week, we anticipate the bearish performance would be sustained in the absence of any positive catalyst.” Sovereign Trust Insurance went up by 8.33 per cent to close at 26 kobo, while Royal Exchange appreciated by 6.85 per cent to close at 78 kobo, per share.
United Capital lost 5.83 per cent to close at N11.30, while Oando shed 5.76 per cent to close at N3.60 kobo per share.