Stock Market Sheds 0.07% On Sustained Downtrend

The Nigerian equities market extended its decline on Wednesday, with the NGX All-Share Index (ASI) falling by 0.07 per cent to 250,096.75 points from 250,273.50 points.
Market capitalisation similarly declined by N110 billion to close at N162.39 trillion from N162.50 trillion.
Also, market breadth remained negative, with 23 gainers against 30 losers, compared with 26 gainers and 34 losers in the previous session. Selling pressure eased modestly, although decliners continued to outnumber advancers. Tripple Gee & Company recorded the highest price gain of 9.96 per cent to close at N3.09, per share. Critical Minerals Financing Corporation (CMFC) followed with a gain of 9.86 per cent to c...