Trading activities on the floor of Nigerian Exchange on Tuesday returned to bearish run, shedding N47 billion as bears dominated the market.
Market Capitalisation of listed equities declined by 0.08 per cent to N56.898 trillion from N56.945 trillion reported the previous day.
The NGX All Share Index also depreciated by 82.48 basis points to 100486.12 point from100539.40 points reported on Monday.
The year to date return declined to 34.39 per cent as 14 companies closed in green while 34 firms recorded negative performance
An analysis of Investment showed that Ikeja Hotel led gainers table, increasing by 7.58 per cent to close at N7.10 per unit, Linkages Assurance followed with a gain of 6.90 per cent to close at N0.93 per unit, Caverton Business Solutions gained 5.0 per cent to close at N1.47 per unit, Sovereign Trust Insurance added 4.17 per cent to close at N0.50 per share while Conhall Plc up by 2.96 per cent to close at N1.39 per share.
UPL Plc on the other hand recorded the highest loss during the day, shedding 9.92 per cent to close at N2.27 per unit, JohnHolt trailed with a loss of 9.87 per cent to close at N2.83 per unit, Omatek fell by 9.46 per cent to close at N0.67 per unit, Deap Capital declined by 8.73 per cent to close at N0.51 per unit, NSLTECH dipped by 7.02 per cent to close at N0.53 per share.
Volume of shares traded increased by 54.782 million representing 16.32 per cent as investors exchanged 280.922 million shares valued at N3.625 billion in 8403 deals against 335.704 million shares worth N3.717 billion in 8760 deals.
Transactions in the shares of VeritasKapital recorded the highest volume of activities accounting for 22.505 million shares valued at N23.025 million, United Capital followed with 20.854 million shares cost N817.098 million, Jaiz Bank traded 20.754 million shares cost N4.511 million, AccessCorp traded 20.399 million shares cost N394.315 million, Prestige insurance exchanged 16.812 million shares valued at N8.586 million.
