Equities investors lost ₦167 billion as the market capitalisation fell at the close of trading activities on Tuesday.
The All-Share index of the Nigerian stock market depreciated on Tuesday to close at 0.44%
Investors recorded a huge loss, as market capitalisation also dropped by ₦167.76 billion.
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The ASI fell from 71,041.05 to 71,353.81, while market capitalisation fell from ₦38.87 trillion to ₦39.040 trillion.
Also, 18 stocks advanced, 40 declined and 54 others remained unchanged in 8136 deals on Wednesday.
Secure Electronic Technology led other gainers with 10% growth in share price to close at ₦0.66 from the previous N0.60 per share.
Mecure Industries, Sunu Assurances Nigeria, and Consolidated Hallmark Holdings completed the list of gainers with 9.99%, 9.68%, and 9.17% rise in share prices.
Omatek Ventures topped the losers’ chart after it shed 10% off its share price to close at ₦0.81 from the previous ₦0.90 per share.
Ikeja Hotels, Neimeth International Pharmaceutical, and Coronation Insurance (WAPIC), with 9.87%, 9.87%, and 9.72% dip in share prices are other decliners in Wednesday’s trading.
On the volume chart, Access Bank Holding traded 52.358 million shares valued at ₦942.9 million in 574 deals.
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Transcorp Plc followed, with investors trading 46.556 million shares worth ₦309.9 million in 306 deals.
UPDC Real Estate Investment Trust (REIT) traded 46.210 million shares valued at ₦181.3 million in 115 deals to complete the top three in this category.
Access Corp topped in the value of traded shares category in the Equities Market, with a 16.78% contribution followed by UBA and Zenith Bank respectively.
