The Nigerian Exchange closed Tuesday’s trading session on a negative note as the equities market shed about N71bn in market capitalisation, following losses recorded in several bellwether stocks.
At the close of trading, the All-Share Index fell by 112.22 points, or 0.08 per cent, to settle at 141,546.78 basis points compared with 141,659.00 points recorded in the previous session.
The market capitalisation also declined from N89.671tn to N89.600tn, representing a loss of N71bn for investors.
Trading data showed that a total of 414.98m shares valued at N12.94bn were exchanged in 25,383 deals, representing a 25 per cent decline in volume, a 46 per cent decline in turnover, and a 20 per cent decline in deals compared with the previous session.