Activities on the Nigerian Stock Exchange (NSE) ended in red on Thursday after increasing for two-consecutive days due to mixed third quarter result.
The News Agency of Nigeria (NAN) reports that Nigerian Breweries topped the losers chart, declining by N6 to close at N155 per share.
International Breweries trailed with a loss of N2.72 to close at NN51.78 and Forte Oil declined by N2.12 to close at N40.30 per share.
PZ Industries depreciated by N1 to close at N23, while Cement Company of Northern Nigeria lost 47k to close at N9.70 per share.
Consequetly, the market capitlisation shed N37 billion or 0.29 per cent to close lower at N12.638 trillion against N12. 675 trillion recorded on Wednesday.
Similarly, the All-Share Index which opened at 36,622.85 lost 105.37 points or 0.29 per cent to close at 36,517.48.
Market analysts attributed the development to mixed third quarter…
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