It was yet another bearish session on the floor of the Nigerian stock market on Tuesday as downtrend extended on profit taking by investors.
The All Share Index dropped by 0.25% to close at 107,670.98 points from the previous close of 107,937.74 points.
The Market Capitalisation dropped by 0.25% to close at N67.179 trillion from the previous close of N67.346 trillion, thereby shedding N167 billion.
An aggregate of 408.7 million units of shares were traded in 14,174 deals, valued at N11 billion.
The Market Breadth closed negative as 16 equities emerged as gainers against 40 equities that declined in their share prices.
Percentage Gainers
Consolidated Hallmark Holdings led other gainers with 9.76% growth to close at N3.71 from the previous close of 3.38.
Sunu Assurance and NEIMETH among other price decliners also shed their share prices by 9.58% and 8.77% respectively.
Percentage Losers
THE INITIATES led other price decliners as it shed 9.89% of its share price to close at N4.01 from the previous close of N4.45.
UNIONDICON and UPDC among other price decliners also shed their share prices by 9.82% and 9.09% respectively.
Volume Drivers
GUINESS traded about 30 million units of its shares in 77 deals, valued at N2 billion.
UBA traded about 31 million units of its shares in 601 deals, valued at N1 billion.
ACCESSCORP traded about 55 million units of its shares in 632 deals, valued at N1.5 billion.