It was another day of losses on the Nigerian equities market on Tuesday as the benchmark index dropped further by 1.82 per cent to make it the second consecutive day of losses.
The all-share index depreciated by 1.82 per cent or 961.87 points to close at 51, 949.64 points as against 52, 911.51 on Monday while the market capitalisation shed N249 billion to close the day’s trading at N28,006 trillion.
The market sentiment for the day also remained negative with 39 losers and 17 gainers.
Investors traded a total of 720.19 million shares with a market value of N8.9 billion in 6,096 deals on Tuesday.
Japaul Gold and Ventures led the gainers with N0.03k gain to close at N0.33k followed by Industrial and Medical Gases with N0.90k gain to close at N10.00 and MRS Oil which gained N1.45k to close the day at N16.40k per share.
Conversely, Guinness Nigeria led the losers chart after it lost N9.80k to close at N88.20k.After it was Global Spectrum Energy with an N0.30k loss and a closing price of N2.77k and Chams which lost 0.02k to close at N0.21k.
Ecobank Transnational traded the highest volume of 258 million shares followed by Jaiz Bank with 78 million shares.
Mercy Chukwudiebere
