The equities market on Tuesday recorded a negative performance as indices dipped by 0.33 per cent due to profit-taking in medium and large-capitalised stocks.
This was after four consecutive sessions of bullish rally.
Market capitalisation fell by N311 billion, or 0.33 per cent, closing at N93.658 trillion, compared with Monday’s N93.969 trillion.
Also, the All-Share Index lost 487.66 points, or 0.33 per cent, settling at 146,940.29.
As a result, the year-to-date return declined to 42.76 per cent as the market breadth closed negative, with 34 losers against 21 gainers.
Eterna and Austinlaz led the losers’ table by 10 per cent each, closing at N31.95 and N2.07 respectively while Transcorp Hotel fell by 9.95 per cent, settling at N155.60 per share.
Ikeja Hotel dipped by 9.65 per cent, finishing at N28.10 and UACN shed by 9.09 per cent, ending the session at N88 per share.
On the other hand, Learn Africa led the gainers’ table by 9.57 per cent, ending the session at N6.30.
Mecure trailed by 8.72 per cent, finishing at N32.40 while Deap Capital Management grew by 7.50 per cent, settling at N1.72 per share.
International Energy Insurance gained by 6.52 per cent, closing at N2.45 and RT Briscoe rose by 5.96 per cent, finishing at N3.20 per share.
Etranzact closed with the highest volume and value, with 1.03 billion shares traded, amounting to N7.50 billion.
