It was a bearish session on the floor of the Nigerian stock market on Tuesday as investors’ wealth dropped by N117 billion.
The All Share Index was down by 0.17% to close at 105,931.18 points from the previous close of 106,116.18 points.
The Market Capitalisation declined by 0.18% to close at N66.577 trillion from the previous close of N66.694 trillion, thereby shedding N117 billion.
An aggregate of 733 million units of shares were traded in 16,619 deals, valued at N35.3 billion.
The Market Breadth closed positive as 33 equities emerged as gainers against 20 that declined in their share prices.
Percentage Gainers
Legend Internet led other gainers with 10.00% growth to close at N8.25 from the previous close of N7.50.
ABC Transport, CADBURY and Champion Breweries among other gainers also grew their share prices by 9.94%, 9,91% and 9.79% respectively.
Percentage Losers
Livestock Feeds Plc led other price decliners as it shed 9.71% of its share price to close at N7.72 from the previous close of N8.55.
MULTIVERSE, MCNICHOLS and OMATEK among other price decliners also shed their share prices by 9.62%, 9.47% and 9.23% respectively.
Volume Drivers
Fidelity Bank traded about 285 million units of its shares in 489 deals, valued at N5.77 billion.
MNT Nigeria traded about 87 million units of its shares in 662 deals, valued at N20.9 billion.
ACCESSCORP traded about 36 million units of its shares in 1,106 deals, valued at N851 million.