The Nigerian equities market on Tuesday closed on a negative note as the All Share Index dropped by 0.10% to close at 26,090.88 points against the previous close of 26,115.80 points on Monday.
Market capitalisation declined by 0.09%, shedding N11 billion to close at N12.596 trillion against the previous close of N12.607 trillion on Monday.
Aggregate volume of traded stocks grew by 71.83%, closing at 324.4 million units away from the previous close of 188.79 million units on Monday.
Value of traded stocks declined by 31.66%, to close at N1.66 billion against the previous close of N2.43 billion.
Total number of deals was down by 23.49% to close at 1,993 deals against the previous close of 2,605 deals on Monday.
Other market indicators revealed that Oil & Gas, Consumer Goods and Banking sectors closed on a positive note by 0.31%, 0.13% and 0.04% respectively.
Insurance sector closed lower by 0.71% while Industrial sector remain unchanged from the previous close of 0.31%.
Market Breadth
The market Breadth closed negative as 10 stocks gained while 12 stocks declined in their share prices.
Percentage Gainers
UPDC Real Estate Investment Trust led 9 other gainers with 9.72% growth, closing at N3.95 against the previous close of N3.60.
Unilever, Sterling Bank and Cadbury among other gainers also grew their share prices by 9.65%, 7.89% and 6.77% respectively.
Percentage Losers
Law Union & Rock Insurance, Wapic Insurance and Dangote Sugar among other price decliners shed their share prices by 9.09%, 8.33% and 5.54% respectively.
Volume Drivers
Law Union & Rock Insurance traded about 146.27 million units of its shares in 4 deals, valued at about N73.13 million.
Access Bank traded about 40.57 million units of its shares in 237 deals, valued at about N402.26 million.
Zenith Bank traded about 32.16 million units of its shares in 283 deals, valued at about N586.38 million.