Investors in the stock market experienced losses after two consecutive trading days of gain.
The market Capitalisation shed ₦192 billion amid profit-taking in the banking stocks.
Shares of FBN Holdings dropped by 9.86% to ₦26.50 per share, while Access Holdings Plc also dropped by 5.21% to ₦20 per share.
Jaiz Bank Plc and Unity Bank Plc dipped by 5.63% and 3.90% to close at ₦1.51 per share and ₦1.48 per share, respectively.
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Zenith Bank Plc also dropped by 2.35% to ₦35.25 per share, as Guaranty Trust Holding Company dipped by 1.76% to close ₦39 per share.
FCMB Group and UBA depreciated by 0.72% and 0.45% to close at ₦6.90 and ₦0.10 per share, respectively.
The All-Share Index (ASI) of the Nigerian Exchange Limited (NGX) fell by 0.49% to close at 71,457.92 basis points from 71,808.64 basis points.
Similarly, the market capitalisation of listed companies declined by ₦192 billion to close at ₦39.103 trillion from ₦39.295 trillion it opened for trading.
Gainers And Losers
Multiverse Mining and Exploration emerged as the highest price gainer of 9.91% to close at ₦8.54, per share.
SCOA Nigeria and AXA Mansard Insurance followed with a gain of 9.76% each to close at ₦1.35 and N4.50 respectively.
On the other side, FBNH led the losers’ chart with 9.86% to close at ₦26.50, per share.
Secure Electronic Technology followed with a decline of 9.64% to close at 75 kobo, while Deap Capital Management & Trust shed 9.46% to close at 67 kobo, per share.
Champion Breweries depreciated by 7.04% to close at ₦3.30, while Tantalizers was down by 6.00% to close at 47 kobo, per share.
The total volume traded decreased by 36.7% to 436.56 million units, valued at ₦7.55 billion, and exchanged in 7,096 deals.
Transactions in the shares of Universal Insurance led the activity with 52.725 million shares worth ₦13.492 million.
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Veritas Kapital Assurance followed with an account of 44.573 million shares valued at ₦15.323 million, while Nigerian Breweries traded 37.461 million shares valued at ₦1.388 billion.
Access Holdings traded 34.651 million shares worth ₦705.853 million, while Zenith Bank traded 31.620 million shares worth ₦1.121 billion.
