Due to profit-taking in medium- and large-capitalized stocks, the equities market performed poorly on Tuesday, with indices falling by 0.33%.
This followed four straight bullish rally sessions.
The market capitalization dropped from N93.969 trillion on Monday to N93.658 trillion, a decrease of N311 billion, or 0.33 percent.
Additionally, the All-Share Index settled at 146,940.29, down 487.66 points, or 0.33 percent.
Consequently, the market breadth closed negative, with 34 losers compared to 21 gainers, and the year-to-date return dropped to 42.76 percent.
Transcorp Hotel dropped by 9.95 percent, concluding at N155.60 a share, while Eterna and Austinlaz led the losers’ table by 10 percent each, closing at N31.95 and N2.07, respectively.
Ikeja Hotel saw a 9.65% decline, closing at N28.10, while UACN saw a 9.09% decline, closing at N88.
However, Learn Africa ended the session at N6.30, leading the gainers’ table by 9.57%.
Mecure finished at N32.40 after trailing by 8.72%, while Deap Capital Management increased by 7.50% to reach N1.72 per share.
RT Briscoe increased by 5.96 percent, ending at N3.20 per share, while International Energy Insurance gained 6.52 percent, closing at N2.45.
With 1.03 billion shares traded, totaling N7.50 billion, Etranzact finished with the highest volume and value. The NAN
