MTNN and 18 others sustains stock market negative sentiment
Losses by MTNN and 18 other stocks pushed Nigerian equity market further down by 0.17 per cent on Tuesday.
The All-Share Index (ASI) shed 46.27 absolute points, representing a decline of 0.17 per cent to close at 26,944.32 points, while the Market Capitalization shrank by N22.33 billion, representing a dip of 0.17% to close at N13.00 trillion.
OKOMUOIL rose 9.87 per cent to emerge as the top gainer and IKEJAHOTEL shed -9.73 per cent to top the losers’ list.
Investors traded a total of 189.01 units of shares worth N2.88 billion in 3.314 deals, with Access Bank whose investors exchanged 35.41 units valued at N324.55 million to emerge the most actives with regards to volume and GTBank topped activity chart in terms of value, having traded 34.61 units worth N1.05 billion.