For the second consecutive day this week, losses persisted on the Nigerian equities market on Tuesday, with key indicators declining by 0.40%.
The All-Share Index shed 568.62 basis points, or 0.40%, to close at 140,929.60 points, compared to 142,498.22 points recorded on Monday. Market capitalisation also depreciated by ₦326 billion to settle at ₦89.198 trillion.
Market sentiment remained negative, with 16 gainers against 35 losers at the close of trading.
Leading the gainers’ list were Thomas Wyatt Nigeria, Chellarams, and RT Briscoe, which recorded price increases of 9.8%, 9.59%, and 9.5% respectively, closing at ₦2.80, ₦16.00, and ₦3.92.
Also Read: NGX Equities Maintain Negative Close
Conversely, Dangote Sugar Refinery topped the losers’ chart with a 10% drop to close at ₦54.00. It was followed by Wema Bank, which fell by 8.27% to ₦18.85, while Secure Electronic Technology declined by 6.25% to ₦0.75.
Consolidated Hallmark Holdings recorded the highest trading volume with 170 million shares, followed by Zenith Bank with 104 million shares.
A total of 759,058,546 shares, valued at ₦25.72 billion, were traded in 23,639 deals on Tuesday.