It was yet another bearish session on the floor of the Nigerian stock market on Tuesday as downtrend extended on profit taking by investors to four straight sessions.
The All Share Index dropped by 0.20% to close at 119,714.23 points from the previous close of 119,978.57 points.
The Market Capitalisation declined by 0.20% to close at N75.801 trillion from the previous close of N75.951 trillion, thereby shedding N150 billion.
An aggregate of 527 million units of shares were traded in 21,546 deals, valued at 11 billion.
The Market Breadth closed positive as 47 equities emerged as gainers against 23 equities that declined in their share prices.
Percentage Gainers
MCNICHOLS, RTBRISCOE, Honeywell Flour and Mutual Benefits led other gainers with 10.00% growth each to close at N2.53, N2.75, N23.65 and N1.21 respectively
Percentage Losers
University Press led other price decliners as it shed 10.00% of its share price to close at N5.04 from the previous close of N5.60.
SCOA and THOMASWYAT among other price decliners also shed their share prices by 9.83% and 9.57% respectively.
Volume Drivers
ELLAHLAKES traded about 46 million units of its shares in 488 deals, valued at N385 million.
UPOC traded about 39 million units of its shares in 106 deals, valued at N119 million.