Nigeria’s equities market decreased by 0.44 percent on Wednesday, thereby recording its third consecutive day of negative close this week.
The stock market has since this month defied impressive full year scorecards released on the Nigerian Exchange Limited (NGX) by many listed companies, some proposing to pay dividend to shareholders as well as bonus shares reward.
Stocks that fueled the market’s negative close on Wednesday include Caverton, Consolidated Hallmark, Eterna, FTN Cocoa and Linkage Assurance.