Traders put up huge volumes of shares in Okomu Oil,
Nigerian stocks closed nominally lower on Wednesday as the benchmark index dipped 0.03 per cent, extending a string of losses that began on Monday.
Traders put up huge volumes of shares in Okomu Oil,
The Insurance Index fell by 0.49 per cent, the most decline of the five sector indexes tracked by the bourse.
"We expect sentiments to remain soft and could support further profit taking, particularly if fixed income yields continue to surge in light of the MPR rate hike," analysts at broker
The all-share index fell 16.1 points to 52,974.2, while market capitalisation diminished to N28.6 trillion.
Year to date, the index is up by 24 per cent.
TOP FIVE GAINERS
Eterna Oil led advancers, appreciating by 9.90 per cent to N7.44. FTN Cocoa climbed up by 0.35 per cent to N9.38. NAHCO added 8.57 per cent to end trade at N7.22.
TOP FIVE LOSERS
Okomu topped the losers' chart, declining by 10 per cent to close at N193.50. NCR went down by 9.77 per cent to end trade at N3.60.
TOP FIVE TRADES
In all, 295.4 million shares valued at N3.6 billion were traded in 4,637 deals.
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