Transactions in the Nigerian Equities Market witnessed a downturn at the close of business on Tuesday as the bear dominated the trading activities.
The key market index, the All-Share Index declined by 0.06%, representing a 27.87 basis points to close at 49,161.45 from Monday’s 49,189.32.
Similarly, the market capitalisation slipped into the red-line with a loss of N15 billion to close at N26.517 trillion lower than the N26.532 trillion of the previous day.
The day’s trading session ended with a total volume of 206.20 million units of shares that exchanged hands in 3,777 deals.
The market sentiment when measured by market breadth remained negative with 14 gainers and 17 losers.
MULTIVERSE led the gainers table for the second day with a 10 percent gain on its share price to close at N3.14k after gaining N0.31k followed by the NGX Group also with 10 percent gain on its share price to close at N19.80k. Then Eterna had a 9.91 percent price gain to close at N6.32k.
On the other hand, MAYBAKER
led the losers chart with an 9.79 percent loss on its share price to close at N3.50k followed by Regency Alliance Insurance Plc which had 7.69 percent to close at N0.24k and VITAFORM lost 6.96% to close at N20.00.
Mercy Chukwudiebere
