The Nigerian shed N67.178 billion or 0.33 per cent Thursday, following investors’ efforts to recoup gain yielded by bank shares in a rout that worsened the current bear run in the market.
The pressure to sell weighed more on GTB, Zenith and Stanbic IBTC than other stocks on the bourse, dragging the banking index down by 3.62 per cent to 356.30 basis points.
Twenty seven gainers emerged against 13 losers, which made the market to close with a positive breadth.
The all-share index narrowed by 128.39 points to 38.916.74, while market capitalisation closed at…
