Trading activities on the equities market of the Nigerian Exchange ended in red on Tuesday as investors were unable to sustain the gains recorded on Monday.
The all share index declined by 0.06% or 23.51 points to close at 38,414.37 points as against 38,437.88 points on Monday. The market capitalisation also depreciated by N12 billion to close the day at N20.022 trillion compared to N20.034 trillion on Monday.
Tuesday’s trading saw a total of 264,852,026 million shares valued at N2.63 billion traded in 4,159 deals.
The market sentiment as measured by market breadth was however positive as the market recorded 18 gainers relative to 17 losers.
The gainers table was led by Morison whose share price appreciated by N0.09k to close at N1.03k. It was followed by WAPIC which gained N0.05k to close at N0.58k, then UPL with share price appreciation of N0.11k to close at N1.28k. Conversely, Champion led the losers chart having lost N0.21k to close at N1.91k, followed by John Holt with a loss of N0.05k to close at N0.58k and African prudential lost N0.45k to close at N5.75k.
UCAP had the highest volume of traded shares for the day at 23,973,618 million with market value of N143.66 million, followed by Veritaskapital with 23,116,551 million shares worth N4.62 million.
Nneka Ukachukwu
