UPL topped the losers’ table, declining by 9.79 per cent to close at N1.29.
slid 0.63 per cent on Monday, easily surrendering the little gain garnered at the previous trading session.
The industrial index taking the biggest blow of the five sector indexes, in turn setting in motion the drop in the benchmark index. Dangote Cement, Nigeria’s biggest company by market value led the pullback at individual equity level alongside Flour Mills as investors desired more to dispose of stocks than own them.The all-share index closed 243.49 points lower at 38,567.26. Market capitalisation declined to N20.1 trillion.Conoil led gainers, growing by 9.83 per cent to close at N22.35. NNFM gained 9.76 per cent, jumping to N6.75. SAHCO leapt to N3.45, notching up 9.18 per cent in the process. Academy Press rose by 7.
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