The stock market returned to bearish mode yesterday as the Nigerian Stock Exchange All-Share Index fell by 0.21 per cent to close at 27,058.62, after opening the week on a positive note the previous day.
In all, 10 stocks depreciated compared to 27 that appreciated. The price losers’ chart was led by Cutix Plc with 9.6 per cent, trailed by PZ Cussons Nigeria Plc with 8.3 per cent. On the positive side, Oando Plc and Transcorp Plc led the gainers’ chart with 10 per cent apiece. GTBank Plc and Zenith Bank Plc recently released their half year financial results ended June 30, 2019, recommending interim dividend of 30 kobo each to the shareholders. While GTBank released its results last Thursday, Zenith Bank announced its results last Monday.
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