Trading on the Nigerian equities market closed negative on Tuesday marking the first loss for the week.
Market capitalisation depreciated by N4 billion to close at N93,756 trillion from the N93,760 recorded on Monday while the all-share index was flat at 0% and closed at 147 ,710.96 basis points which was 6.27 basis points lower than Monday’s 147,717.23 basis points.
The market sentiment also closed in the negative with 36 losers as against 23 gainers at the close of trade.
The gainers were led by Regency Alliance Insurance which gained 8.82% to close at N1.48k, followed by Prestige Assurance Company with 6.71% rise with a closing price of N1.75k then Wapic Insurance rose by 6.45% to close at N3.30k.
On the other hand were Austin Laz and Company with 7.4% price decline and a closing price of N2.90k. It was followed by Fidson Healthcare with 6.67% loss and a closing price of N40 60k while Deap Capital Management and Trust also lost 6.67% to close at N1.68k.
Fidelity Bank had the highest traded shares of 50.9 million shares for the day and was followed by Chams with 37.4 million shares.
Tuesday’s trading saw a total of 495,031 million shares valued at N17.3 billion traded in 25,607 deals.
Victoria Ibanga