Investors in the Nigerian capital market lost N183 billion at the close of trading on Tuesday.
This followed the dip in the share prices of stocks like Transcorp Power Plc, Oando Plc and Ellah Lakes Plc among others, on the trading floor.
The benchmark All-Share Index (ASI) crashed to 114,910.16 points from the 115,258.77 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation fell to N72.4 trillion from the N72. 6 trillion posted by the bourse on Monday.
The market breadth was negative as 29 stocks advanced, 35 stocks declined, and 59 stocks remained unchanged in 22,100 deals.
Mutual Benefit Plc, Learn Africa Plc and C&I Leasing Plc led other gainers with 10% growth each in prices to close at N1.10, N4.18 and N4.62 from the previous N1.00, N3.80 and N4.20 per share.
READ ALSO: NGX: Investors make N353m as Oando, Chellarms, Transcorp push up stock market
Transcorp Power Plc, Oando Plc and Ellah Lakes Plc led other price decliners with 9.98%, 9.97% and 9.87% dip in share prices to close at N295.70, N58.25 and N4.29 from the previous N328.50, N64.70 and N4.76 per share.
On the volume index, Zenith Bank Plc led trading with 96 million shares in 2.020 deals, followed by Guaranty Trust Holding (GTCO), which traded 83 million shares in 1,044 deals.
United Bank of Africa (UBA) traded 65 million shares in 1,649 deals.
On the value index, GTCO traded stocks valued at N6.2 billion in 1,044 deals, followed by Zenith Bank Plc, which traded equities worth N4.2 billion in 2,020 deals.
UBA traded shares valued at N2.1 billion in 1, 649 deals.
By: Babajide Okeowo
