BUACEMENT (-6.42%) and DANGCEM (-3.42%) were the major drivers of the plunge, despite the latter's announcement of an N16/share dividend.
SMURFIT (+10.00%) led the gainer’s chart today, while AFRINSURE (-8.33%) was the top loser.
The performance of the market today was largely driven by price appreciation in Nigerian Oil stocks.
Today’s market performance was mostly driven by a significant dip in bellwether STANBIC by -10.00%.
The market breadth was negative today at 0.33x on 17 advancers and 23 decliners.
SEPLAT (+10.00%) led the gainer’s chart for the day, while CONOIL (-10.00%) finished top loser.
The market breadth at the Nigerian Stock market ended negative as NIGERINS led 13 Gainers as against 35 Losers topped by FIDSON.
Nigerian Stock Exchange market capitalization currently stands at N22.2 trillion.
The market breadth closed positive as JBERGER led 27 Gainers as against 22 Losers topped by MOBIL at the end of today's session.
Nigerian Stock Exchange Year-to-Date Return stood at 4.08% to print market capitalization at N21.934 trillion