This, according to the report comes after the company revaluated its foreign holdings in response to the 40 per cent depreciation of the naira.
Market breadth measured by market sentiment was negative as 19 stocks declined, while 12 appreciated.
The downturn performance was mainly due to selloffs in MTNN stocks.
Market sentiment as measured by market breadth was positive with 14 losers relative to 11 gainers.
Sentiments remained bearish at the Nigerian Exchange Ltd. (NGX) as market capitalisation decreased by N46 billion.
Accordingly, investors gained N1 billion in value as market capitalisation closed at N26.915 trillion from N26.914 trillion on Monday.
The All Share Index (ASI) marginally gained one basis point to close at 51,7563.73 points from 51,556.54 points on Wednesday.
The gain halted the bearish sentiments recorded in two consecutive days.
Market sentiment was positive with 19 gainers in relative to 13 losers.
Honeywell Flour was the most active stock, trading 57.49 million shares worth N185.76 million.
