The All-Share Index dropped 0.26 per cent to close at 27,034.05, while market capitalization depreciated by N23/8 billion to close at N9.3 trillion.
The decline in the ASI brought the year-to-date loss to 5.61 per cent. The market was dominated by losses by highly capitalized stocks, while the gainers were mostly low capitalised stocks.
Profit-taking activities on banking and consumer good stocks, Guaranty Trust Bank Plc and Nigerian Breweries Plc responsible for the decline in the ASI.
GlaxosmithklineConsumer Nigeria Plc led the price losers with 9.7 per cent trailed by Unity Bank Plc with 8.8 per cent. FCMB Group shed 5.4 per cent, while Eterna Plc and Transnational Express Plc went down by 5.0 per cent and 4.8 per cent respectively.
On the other hand, NEM Insurance Plc led the price gainers with 5.0 per cent, trailed by Continental Insurance Plc with 4.7 per cent, just as Stanbic IBTC Holdings Plc, A.G Leventis Nigeria Plc leaped by 4.6 per cent and 4.4 per cent in that order.
Meanwhile, two sectoral indices, the NSE Banking Index and NSE Consumer Goods Index declined 1.03 per cent and 0.99 per cent respectively. On the other hand, the NSE Industrial Goods appreciated by 1.20 per cent, while the NSE Insurance Index rose by 0.80 per cent. Similarly, the NSE Oil & Gas Index appreciated by 0.19 per cent.
