The Nigerian Bourse fell by 18 bps amid sustained profit taking activity, presenting buy opportunities as stock prices continued their downward
This was despite the Exchange recording 14 gainers as against 12 losers. Pummeled shares of Dangote Sugar Refinery lowered the NSE
Consumer Goods index by 0.17%.
Thus, market capitalization fell by N20 billion to close N11.73 trillion while on a year-to-date basis, the loss of
the All Share Index increased to 15.95%.
Elsewhere, NIBOR rose for most tenor buckets amid liquidity strain while NITTY moved in mixed
In the bond market, OTC FGN Bonds moved in mixed directions across maturities while FGN Eurobonds fell for all maturities tracked
on bearish activity.