The market’s weak performance was primarily driven by selloffs in stocks of Zenith Bank, Geregu, Nigerian Breweries and Guaranty Trust Holding Company (GTCo).
The downturn in the performance of the market was due to profit-taking in Airtel Africa Plc and 15 others.
Market breadth closed positive with 14 stocks gained and 11 stocks declined.
The market capitalisation upgraded by N320 billion to close at N25.95 trillion in contrast with N25.63 trillion achieved on Tuesday.
The market breadth closed at par; 16 stocks advanced while 16 stocks declined.
