Investors in the Nigerian equities market lost N135 billion at the close of trading on Wednesday.
This followed the dip in the share prices of stocks such as Deap Capital Management & Trust, Legend Internet, and Wapic Insurance, among others, on the trading floor.
The benchmark All-Share Index (ASI) dropped to 140,716.10 points from 140,929.60 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation crashed to N89 trillion from N89.1 trillion posted by the bourse on Tuesday.
The market breadth was negative with 23 stocks advancing, 29 stocks declining, and 95 stocks remaining unchanged in 21,684 deals.
Dangote Sugar, Mecure Industries, and Secure Electronic Technology led other gainers with 10%, 9.95% and 8.00% growth each in share prices to close at N59.40, N23.75, and N0.81 from the previous N54.00, N21.60, and N0.75 per share.
Deap Capital Management & Trust, Legend Internet, and Wapic Insurance led other price decliners with a 9.42% 9.26%, and 8.75% dip in share price to close at N1.73, N4.90, and N2.92 per share, down from the previous N1.91, N5.40, and N3.20 per share.
On the volume index, Zenith Bank Plc led trading with 68 million shares in 1,445 deals, followed by Access Holding Plc, which traded 47 million shares in 1,308 deals.
First Bank Holding Co traded 46 million shares in 370 deals.
On the value index, Zenith Bank Plc traded stocks valued at N4.7 billion in 1, 445 deals, followed by MTN Nigeria, which traded equities worth N2.1 billion in 1,094 deals.
Guaranty Trust Holding traded shares valued at N2.0 billion in 1,078 deals.