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Due to profit-taking in medium- and large-capitalized stocks, indices fell by 0.33 percent on Tuesday, resulting in a negative performance for the stock market.
This came following four strong rally sessions in a row.
Market capitalization closed at N93.658 trillion, down N311 billion, or 0.33 percent, from N93.969 trillion on Monday.
In addition, the All-Share Index dropped 487.66 points, or 0.33 percent, to close at 146,940.29.
Consequently, the market breadth closed negative, with 34 losers compared to 21 gains, and the year-to-date return dropped to 42.76%.
At N31.95 and N2.07, respectively, Eterna and Austinlaz headed the losers’ table by 10%, while Transcorp Hotel dropped by 9.95% to settle at N155.60 per share.
Ikeja Hotel fell by 9.65 percent, closing at N28.10, while UACN lost 9.09 percent, closing the session at N88 per share.
However, Learn Africa finished the session at N6.30, leading the gainers’ table by 9.57%.
Deap Capital Management increased by 7.50 percent, reaching N1.72 per share, while Mecure fell 8.72 percent, ending at N32.40.
RT Briscoe increased 5.96 percent to close at N3.20 per share, while International Energy Insurance gained 6.52 percent to close at N2.45.
With 1.03 billion shares traded, or N7.50 billion, Etranzact finished with the highest volume and value. NAN (
