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Equity market halts gaining streak with N267bn loss

Overall, 120 listed equities participated in the trading session, with 28 gainers and 27 losers.

Other gainers included Ellah Lakes, which gained 9.80 per cent to end at N4.48, Deap Capital Management & Trust up by 9.78 per cent to close at N1.01, and Regency Alliance Insurance, which appreciated by 8.62 per cent to finish at N0.63.

Caverton Offshore Support Group led the top loser, suffering a 9.73 per cent drop to close at N2.97. Cadbury Nigeria followed with a 9.39 per cent decline, closing at N17.85; Associated Bus Company fell 8.73 per cent to N1.15; while McNichols saw a 7.89 per cent loss, closing at N1.75.

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