Investors at the Nigerian capital market lost N52.3 billion on Tuesday following the crash in equity capitalization by -0.18 percent at the close of the day’s trading, IgbereTV reports
After eight hours of trading, the equity capitalization dropped from N27.98 trillion to N27.92 trillion to push the bourse back into the bearish zone.
Consequently, the All Share Index dropped by 97.07 basis points to close at 51, 805, 41, down from 51,902.48 posted on Monday.
Investors traded 331.52 million shares valued at N5.03 billion in 6,689 deals on Tuesday.
This was in contrast to 337.56 million shares worth N5.55 billion which exchanged hands in 7,684 deals the previous day.
May & Baker led the gainers with N0.44kobo to rise from N4.40kobo to N4.84kobo per share.
Okomu Oil’s share was up by N17 to move from N170 to N187 per share.
Multiverse’s share rose by 10 percent to move from N0.20kobo to N0.22kobo per share
