Nigerian equities market closed on a negative note Tuesday as lead indicators dropped by 0.63 per cent against 1.07 per cent decline on Monday.
Specifically, the All Share Index lost 181.53 points to close at 28,351.28 points against 308.86 points lost on Monday to close at 28,532.81 basis points while market capitalization dropped N62.4 billion to close at N9.746 trillion against N106.2 billion lost on Monday to close at N9.808 trillion.
Price movement on the Equity board showed that Livestock Plc led 14 gainers with a 5.00 per cent or 7 kobo increase to close at N1.47 per share, followed by Portland Paints Plc which added 4.82 per cent or 17 kobo to close at N3.70 per share, while Transcorp Plc increased 4.44 per cent or 8 kobo to close at N1.88 per share.
ABC Transport Plc appreciated 4.00 per cent or 8 kobo to close at 52 kobo per share, while Academy Press Plc grew 3.51 per cent or 2 kobo to close at 59 kobo per share.
On the flip side, UAC Property Plc led 24 equity losers with a loss of 9.62 per cent or 70 kobo to close at N6.58 per share, followed by Dangote Flour Plc which lost 9.54 per cent or 23 kobo to close at N2.18 per share, while First Bank Holdings Plc dropped 7.52 per cent or 41 kobo of the 42 kobo gained on Monday to close at N5.04 per share.
Berger Paints Plc declined 4.99 per cent or 48 kobo to close at N9.13 while Guinness Nigeria Plc decreased 4.99 per cent or N6.74 kobo to close at N128.24 per share.
In all, a total of 130.1 million shares worth N2.5 billion were traded by investors in 3,156 deals compared to 202.22 million shares valued at N1.093 million exchanged by investors in 2,614 deals on Monday.


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