Sell-offs in the stocks of BUA Cement (-4.76 per cent), Cadbury (-9.92 per cent) and Meyer (-9.91 per cent), among others, dragged the market capitalisation of the Nigerian Exchange Limited down by N444.32bn on Wednesday.
The negative trading resulted in a 0.48 per cent decline in the benchmark index, which stood at 143,064.57 at the close of trading.
The bearish performance marked a reversal from the N94bn gain recorded on Tuesday, which…
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