Due to profit-taking in medium- and large-capitalized stocks, the equities market saw a negative performance on Tuesday, with indices falling by 0.33%.
This came following a bullish rally in four straight sessions.
Compared to Monday’s N93.969 trillion, market capitalization dropped by N311 billion, or 0.33 percent, to close at N93.658 trillion.
Additionally, the All-Share Index dropped 487.66 points, or 0.33 percent, to close at 146,940.29.
Consequently, the market breadth closed negative, with 34 losses to 21 wins, and the year-to-date return dropped to 42.76 percent.
Transcorp Hotel dropped by 9.95 percent to settle at N155.60 per share, while Eterna and Austinlaz led the losers’ table by 10 percent each, finishing at N31.95 and N2.07, respectively.
UACN lost 9.09 percent, closing the session at N88 per share, while Ikeja Hotel lost 9.65 percent, closing at N28.10.
Conversely, Learn Africa finished the session at N6.30, leading the gainers’ table by 9.57%.
Deap Capital Management increased by 7.50 percent, reaching N1.72 per share, while Mecure fell by 8.72 percent, ending at N32.40.
RT Briscoe increased by 5.96 percent to close at N3.20 per share, while International Energy Insurance gained 6.52 percent to close at N2.45.
With 1.03 billion shares traded, or N7.50 billion, Etranzact concluded with the largest volume and value. (NAN)
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