The bearish momentum rocking activities on the floor of the Nigerian Stock Exchange, NSE, continued on Tuesday, February 13, further dragging down market value.
As such, the All Share Index depreciated further by 2.41%.
Market breadth index closed negative as 40 stocks declined against 15 advancers.
The market best performer was AG Leventis surging by 7.02%, while Prestige slumped by 7.14% topping the losers’ chart.
Diamond Bank, which added 4.26%, was the most actively traded stocks with 68million units of shares worth N181million
NSE Consumer Goods Index: Closed down by 2.83% loss on the back of the 4.73% loss in Dangote Flour, 4.55% loss in Guinness, 4.23% loss in HoneyWell Flour and 4.17% loss in International Breweries.
NSE Industrial Index: dropped 1.61% as a result of the 4.89%l loss in Dangote Cement.
NSE Oil and Gas Index: plunged by 0.61% following the decline 4.98% in FO and 0.25% loss in MOBIL
NSE Banking Index declined by0.20%, largely driven by the sell-off in FCMB, UBA, UBN, DIAMONDBNK and FBNH.
