The equity market on Tuesday closed on a bearish note as the All Share Index fell by 2.26% to settle at 37,804.46 points from the previous close of 37,847.07 points.
The Market Capitalisation declined by 2.26% to close at N26.618 trillion from the previous close of N27.233 trillion, thereby shedding N615 billion.
An aggregate of 214.6 million units of shares were traded in 3,895 deals, valued at N1.6 billion.
The Market Breadth closed negative as 12 equities appreciated in their share prices against 16 equities that declined in their share prices.
Percentage Gainers
Nem Insurance and Prestige Assurance led other gainers with 10.10% growth each to close at N3.74 and N0.44 from the previous close of N3.40 And 0.40 respectively.
ELLAHLAKE and MULTIVERSE among other gainers also grew their share prices by 9.78% and 9.57% respectively.
Percentage Losers
Cornerstone Insurance led other price decliners as it shed 9.33% of its share price to close at N0.68 from the previous close of N0.75.
Japaul Gold, and Dangote Cement among other price decliners also shed their share prices by 9.80% and 8.11% and 9.06% respectively.
Volume Drivers
JAPAULGOLD traded about 23 million units of its shares in 98 deals, valued at about N8.95 million.
AIICO Insurance traded about 14.8 million units of its shares in just 47 deal, valued at N8.4 million.
Sterling Bank traded about 14 million units of its shares in 65 deals, valued at N21.4 million.