Performance indices declined by 0.43 per cent on the Nigerian Exchange on Tuesday, causing investors to lose N285 million.
The Nigerian Exchange Ltd. (NGX) market capitalisation fell to N66.484 trillion from N66.769 trillion, and the All-Share Index dropped by 0.43 per cent or 454 points to close at 106,167.75 against 106,621.91 posted on Monday.
The market breadth closed negative with 31 losers and 23 gainers.
On the losers’ chart, Mecure industries declined by 10 percent, to close at N11.25, while ABC Transport lost 7.98 percent of its value to close at N1.50 per share.
Daar Communications fell 7.46 percent, to close at 62k, and Guinea Insurance declined by 7.35 percent, to close at 63k per share.
On the gainers’ chart, Livestock Feeds soared by 9.93 percent, closing at N9.85, while Cornerstone Insurance gained 9.25 percent, to close at N3.19 per share.
International Energy Insurance increased by 8.99 percent, to close at N1.94 per share, while Smart Products Nigeria gained 8.33 per cent, to close at 39k.
A total of 324.59 million shares worth N7.918 billion were exchanged across 12,652 transactions, with transactions in Fidelity Bank shares topping the activity chart with 29.387 million shares valued at N502 million.
Access Corporation followed with 28.345 million shares worth N680 million while Guaranty Trust Holding Company transacted 28 million shares valued at N1.688 billion.
Zenith Bank traded 22.359 shares worth N1.067 billion, while Universal Insurance transacted 16.194 million shares valued at N9.724 million.
