Nigeria’s stock market maintained its bearish trajectory, closing Thursday in the negative territory.
The All-Share Index and market capitalisation dipped by 0.05%, settling at 102,788.2 basis points.
Topping the losers’ chart were Morison Industries, C&I Leasing Plc, and Ikeja Hotel Plc. On the gainers’ side, SCOA Nigeria led the pack, followed by DAAR Communications PLC and May & Baker Nigeria Plc
The highest-value trades were recorded by Guaranty Trust Holding, United Bank for Africa, and Zenith Bank Plc.
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In the global oil market, West Texas Intermediate and Brent Crude posted gains, while Nigeria’s Bonny Light remained in negative territory.
(Editor: Terverr Tyav)
