The Nigerian capital market continued to suffer significant losses after the bourse’s share depreciated by -1.86 percent on Tuesday IgbereTV reports
The development brought down the equity capitalization by N516.69 billion from N27.71 trillion to N27.20 trillion after eight hours of trading on Tuesday.
The All-Share Index dropped by 958.16 basis points to close at 50,400.63, down from 50,442.37 posted on Monday.
Shareholders raised their investment slightly on Tuesday, trading 156.16 million shares worth N2.93 billion in 4,618 deals.
This was after the total investment dropped to 98.85 million shares valued at N2.5 billion in 4,314 deals the previous day.
Livestock led the gainers with 1.63 percent rise in share price to end trading with N1.25kobo as against N1.23kobo per share reported on Monday.
FBN Holdings gained N0.15kobo to move from N11 to N11.15kobo per share.
Sterling Bank share value was up by 1.32 percent to end trading with N1.53kobo from N1.51kobo per share
