Investors in the Nigerian capital market lost N284 billion at the close of trading on Tuesday.
This followed the dip in the share prices of stocks like MRS, RED STAR EXPRESS, and LEARN AFRCA amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization fell to ₦64.1 trillion from ₦64.4 trillion posted by the bourse on Monday.
The benchmark All-Share Index (ASI) decreased to 103,958.75 points from 104,418.95 points which were recorded the previous day.
The market breadth was negative as 29 stocks advanced and 31 stocks declined, while 62 stocks remained unchanged in 15,561 deals.
OKOMU OIL, EUNISELL, and SCOA led other gainers with 10% growth each in prices to close at N488.40, N12.54 and N4.07 from the previous N444.00, N11.4 and N3.70 per share.
MRS, RED STAR EXPRESS and LEARN AFRICA led other price decliners with 9.95%, 9.90%, and 9.82% dip in share prices to close at N162.90, N4.55 and N4.50 from the previous N180.92, N5.05 and N4.99 per share.
On the volume index, ACCESS CORP led trading with 43 million shares in 1,001 deals followed by STERLING NIGERIA which traded 42 million shares in 416 deals.
ZENITH BANK traded 33 million shares in 745 deals.
On the value index, ZENITH BANK traded stocks worth N1.7 billion in 745 deals followed by OANDO which traded equities worth N1.4 billion in 1,100 deals.
ACCESS CORP traded shares valued at N1.1 billion in 1,001 deals.
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