Stanley OparaDespite N298bn appreciation recorded in the country’s equities market, Nascon Allied Industries Plc, Cadbury Nigeria Plc and University Press Plc closed in losses at Wednesday’s trading. Nacon, Cadbury and UPL shares plummeted respectively by 4.98 per cent, 4.97 per cent and 4.94 per cent. Trailing the top three losers were Airline Services and Logistics Plc and AG Leventis Nigeria Plc, which also slumped by 4.87 per cent and 4.17 per cent, accordingly. The Nigerian equities market advanced by 1.89 per cent, pushing the year-to-date return up to 17.37 per cent. Other top gainers were Diamond Bank Plc, Sterling Bank Plc, Transnational Corporation of Nigeria Plc and Fidelity Bank Plc, which appreciated accordingly by 10.1 per cent, 10 per cent, 9.91 per cent and 9.75 per cent.

Source: Punch January 18, 2018 01:41 UTC