The equity capitalisation in the Nigerian capital market depreciated by -0.39 percent as sell-off among stockholders led to a loss of N110.4 billion at the close of business on Tuesday, IgbereTV reports.
The development pushed down the equity capitalization from N27.92 trillion to N27.81 trillion after eight hours of trading.
The All-Share Index dropped by 204.95 basis points to close at 51,586.5 ASI, down from 51,791.45 posted on Monday.
Investors traded 234.60 million shares valued at N2.56 billion in 4,646 deals on Tuesday.
This surpassed the 194.12 million shares worth N2.82 billion which exchanged hands in 4,899 deals the previous day.
Redstar Express led the gainers with N0.25kobo to rise from N2.50kobo to N2.75kobo per share.
John Holt gained 9.76 percent to move from N0.82kobo to N0.90kobo per share.
UPDC’s share value was up by N0.11kobo to end trading with N1.24kobo from N1.13kobo per share.
Unity Bank gained 9.52 percent to close at N0.46kobo from N0.42kobo per share
