The market reacted negatively to the MPR hike as sell-offs were recorded across board but price appreciation in BUA Cement lifted market performance marginally.
The market breadth, however, closed negative as 16 equities lost relative to 13 gainers.
The Year-to-Date gain increased to 16.34 per cent, but the market breadth was negative as 10 stocks advanced and 16 declined.
The All-Share Index advanced by 52.52 points or 0.11 per cent to close at 49,652.25 against 49,644.92 achieved on Wednesday.
The negative performance was majorly driven by selloffs in banking stocks.
A total of 156.09 million shares valued at N1.834 billion were exchanged in 4,312 deals.
The All Share Index (ASI) lost by 0.14 per cent to close at 53,193.98 points from 53,270.88 points the previous day.
The All-Share Index (ASI) declined by 16.13 points.
It marks the third consecutive loss in a week.
The negative performance was driven by price depreciation in large and medium capitalised stocks.
