Investors in the Nigerian equities market lost N318 billion at the close of trading on Friday to end the week on a losing note.
This followed the dip in the share prices of stocks such as Berger Paints, CI Leasing, and Mecure, among others, on the trading floor.
The benchmark All-Share Index (ASI) slumped to 149,524.81 points from the 150,026.55 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation decreased to N94.9 trillion from N95.3 trillion posted by the bourse on Thursday.
The market breadth was negative with 19 stocks advancing, 40 stocks declining, and 87 stocks remaining unchanged in 24,637 deals.
An aggregate of 527,174,374 units of shares was traded, valued at N15.3 billion
NCR, Mc Nichols, and Eunisell led the gainers with 9.94%, 9.82%, and 9.24% growth in share prices, respectively, to close at N19.35, N3.02, and N70.90 per share, up from the previous N17.60, N2.75, and N64.90 per share.
Berger, CI Leasing, and Mecure led other price decliners with a 10%, 9.86% and 9.77% dip each in share price to close at N35.10, N5.03, and N27.70 per share, down from the previous N39.00, N5.58, and N30.70 per share
On the volume index, Wema Bank led trading with 90 million shares in 377 deals, followed by Consolidated Hallmark Plc, which traded 78 million shares in 80 deals.
Axa Mansard traded 32 million shares in 159 deals.
On the value index, Wema Bank traded stocks valued at N1.7 billion in 377 deals, followed by Guinness, which traded equities worth N1.6 billion in 173 deals.
Zenith Bank traded shares valued at N1.3 billion in 1,390.