Nigeria’s equities market decreased by 0.10 percent or N56billion on Wednesday following limited improvements in the drivers of buy-side sentiment at the Lagos Bourse. Stocks like Ellah Lakes, ABC Transport, Eterna, C&I Leasing, and Livestock Feeds majorly caused the market’s negative close. Ellah Lakes decreased most, from N4.88 to N4.40, losing 48kobo or 9.84percent.
ABC Transcorp decreased from N1.35 to N1.22, losing 13kobo or 9.63percent. Eterna was also down, from N27 to N24.70, shedding N2.30 or 8.52percent. C&I Leasing dipped from N 4.05 to N3.71, losing 34kobo or 8.40percent. Livestock Feeds dropped from N3.74 to N3.44, shedding 30kobo or 8.02percent.
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