Despite price gains that outweighed losses, transactions on the equities sector of the Nigerian Exchange Limited sustained a sliding profile yesterday, causing market capitalisation to dip further by N17 billion.
However, market breadth closed positive, recording 16 gainers as against 13 losers. MRS Oil Nigeria recorded the highest price gain of 9.75 per cent to close at N15.20 kobo. Veritas Kapital Assurance followed with a gain 9.52 per cent to close at 23 kobo while Regency Alliance Insurance went up by 6.82 per cent to close at 47 kobo.
Sovereign Trust Insurance lost four per cent to close at 24 kobo while Wema Bank shed 3.80 per cent to close at 76 kobo.
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