Stockbrokers at the floor of the Nigerian Stock Market

Sell pressure from MTNN and 16 other stocks continues to take its toll on the Nigerian equity market as it declined further by 0.25 per cent on Thursday.
The All Share Index (ASI) shed 67.55 absolute points, dipping 0.25 per cent to close at 27,252.09 points, while the Market Capitalization lost N32.86 billion, representing 0.25 per cent decline to close at N13.26 trillion.
UAC Properties added 10 per cent to top the 13 gainers chart, while Ikeja Hotel lost 9.3 per cent to emerge top loser among 16 others.
Investors traded a total of 250.5 million shares worth N3.19 billion as the volume and value traded declined by 14.93 per cent and 8.73 per cent respectively.
Nigerian stock market has so far declined -13.08 per cent this year.