The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; Airtel Africa, Flour Mills of Nigeria, Unilever Nigeria.
The market capitalisation gained N256 billion to close at N28.155 trillion, compared with N27.899 trillion on Friday.
A breakdown of the price movement table showed that Ecobank Transnational Incorporated (ETI) topped the gainers’ table.
The Nigerian equities market on Thursday reversed its three-day bullish streak due to profit-taking, mainly in stocks of Airtel Africa.
The market capitalisation lost N545 billion or 2.16 per cent to close at N24.709 trillion.
The upturn was impacted by gains recorded in large capitalised stocks, amongst which are MTN Nigeria, Airtel Africa and Seplat.
The market capitalisation decreased by N859 billion or 3.23 per cent to N25.741 trillion from N26.6 trillion recorded on Wednesday.
The downturn was impacted by losses recorded in large capitalised stocks.
Cutix Plc, Airtel Africa, Wema Bank, Ardova and First Bank of Nigeria Holdings led the price movement table.
The NGX All-Share Index recorded a growth of 5.69 per cent in the month of April.
