Investors in the Nigerian equities market lost N906 billion at the close of trading on Tuesday.
This followed a dip in the share prices of stocks such as Guinness, Union Dicon and Aiico, among others, on the trading floor.
The benchmark All-Share Index (ASI) decreased to 241,750.15 points from the 243,158.97 points recorded on the previous trading day.
After five hours of trading on the capital market, equity capitalisation dropped to N155.1 trillion from N156 trillion posted by the bourse on Monday.
The market breadth was positive, with 46 stocks advancing, 26 declining, and 76 remaining unchanged in 102,665 deals.
A total of 1,268,252,598 shares were traded, valued at N75.2 billion.
MC Nichols, RT Briscoe and Zichis led the gainers’ chart, with 10% growth each in share prices, respectively, to close at N7.92, N12.87 and N25.08 per share, up from N7.20, N11.70, and N22.80 per share.
Guinness, Union Dicon and Aiico led other price decliners, with declines of 10.00%, 9.82%, and 9.28%, respectively, to close at N447.30, N19.75, and N4.30 per share, down from N497.00, N21.90, and N4.74 per share, respectively.
On the volume index, FCMB led trading with 160 million shares in 1, 027 deals, followed by GTCO which traded 94 million shares in 5, 884 deals.
Access Holding traded 81 million shares in 4,201 deals.
On the value index, GTCO traded stocks valued at N13 billion in 5,884 deals, followed by MTN Nigeria, which traded equities worth N10.7 billion in 11, 500 deals.