TRADING on the equities market segment of the Nigerian Stock Market, NSE, closed on a negative trend on Tuesday as lead market indicators dropped by 0.8 per cent.
Specifically, the NSE All-Share index depreciated by 223.68 points to close at 27,596.81 points against 310.79 points lost yesterday to close at 27,820.49 points.
The market capitalization which opened at N9.564 trillion lost N75.2 billion to close at N9.488 trillion.
At the close of trading most of the sectoral index went south to close negative except the NSE Consumer Goods Index which closed 688.71 points, 0.3 per cent higher than its previous closing points of 686.58 basis points.
Twenty-two (22) stocks led by Tiger Branded Consumer Goods Plc recorded losses as against 13 others on the gainers table led by Neimeth International Pharmaceuticals Plc.
Tiger Branded Consumer Goods Plc (formerly known as Dangote Flour) lost 9.09 per cent or 17 kobo to close at N1.70 per share, trailed by Oando Plc which dropped 5.17 per cent or 32 kobo to close at N5.87 per share while Honeywell Flour Plc dipped 5.00 per cent or 11 kobo to close at N2.09 per share.
May and Baker Plc was down by 5.00 per cent or 5 kobo to close at 95 kobo per share, while Cement Company of Northern Nigeria shed 4.99 per cent or 40 kobo to close at N7.61per share.
On the other hand, Neimeth International Pharmaceuticals Plc topped the gainers table with additional value of 8.89 per cent or 8 kobo to close at 98 kobo per share.
It was trailed by Nigerian Aviation Handling Company Plc (NAHCO) with an increase of 4.95 per cent or 18 kobo to close at N3.82 per share, while Law Union and Rocks Insurance Plc added 3.70 per cent or 2 kobo to close at 56 kobo per share.
Wema Bank Plc gained 3.26 per cent or 3 kobo to close at 95 kobo per share, while Africa Prudential Registrars Plc was up by 3.20 per cent or 8 kobo to close at N2.58 per share.
In all, investors traded 176.4 million shares valued at N3.1 billion in 3,011 deals against 154.79 million shares valued at N2.217 billion in 2,663 deals exchanged on Monday.

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