NSE: Investors lose N25 billion amid selling pressure on consumer goods

NSE: Investors lose N25 billion amid selling pressure on consumer goods
Transcorp was the most active stock with 428.292 million units of its stocks worth N559.209 million traded in 903 deals.
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The Nigerian stock market shed N25.409 billion of its total value on Thursday as investors put heavy volumes of consumer goods equities up for sale, with MRS, Cadbury, Flour Mills, Dangote Cement and Guinness emerging as top losers in value terms.
A fall in the Insurance Index, which was the biggest decliner of the five sectorial indices, by 6.70% to 262.62% index points also compounded losses.
A negative market breadth was reported as there were 50 losers against 14 gainers at the end of trade.

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