The domestic bourse on Tuesday maintained a downward trend for the fourth consecutive session, causing investors to lose N114 billion.
Selloffs in Guaranty Trust Holding Company (GTCO), Zenith Bank, FBN Holdings, Access Corporation, Ikeja Hotel, May & Baker, and RT Briscoe, among other declining equities, drove the market down.
Specifically, the market capitalisation, which opened at N56.572 trillion, closed N114 billion or 0.2 per cent downward, to close at N56.458 trillion.
The All-Share Index also shed 0.2 per cent or 201 points to close at 99,805.95, as against 100,006.79 recorded on Monday.
The Year-To-Date (YTD) return dropped to 33.48 per cent.
However, market breadth closed positive with 28 gainers and 24 losers on the floor of the Exchange.
Champion led 27 leading equities on the gainers’ table by 9.97 per cent to close at N3.3, while Africa Prudential led 23 laggard equities on the losers’ table by 10 per cent to close at N8.10 per share.
