Investors in the Nigerian equities market lost N371 billion at the close of trading on Thursday.
This followed the dip in the share prices of stocks such as Cadbury, Chams Plc, and International Breweries, among others, on the trading floor.
The benchmark All-Share Index (ASI) fell to 153,676.66 points from the 154,260.98 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation decreased to N97.5 trillion from N97.9 trillion posted by the bourse on Wednesday.
The market breadth was negative with 20 stocks advancing, 39 stocks declining, and 87 stocks remaining unchanged in 28,944 deals.
An aggregate of 795,863,321 units of shares were traded, valued at N38.1bn
Oando, Aso Savings & Loans, and Aiico Insurance led other gainers with 9.99%, 9.30% and 5.26% growth each in share prices to close at N46.80, N0.94, and N4.00 from the previous N42.55, N0.86, and N3.80 per share.
Cadbury, Chams Plc, and International Breweries led other price decliners with a 10% dip each in share price to close at N62.55, N3.51, and N12.60 per share, down from the previous N69.50, N3.90, and N14.00 per share.
On the volume index, Guaranty Trust Holding led trading with 97 million shares in 1,537 deals, followed by Aso Savings & Loans, which traded 75 million shares in 173 deals.
Chams Plc traded 24 million shares in 664 deals.
On the value index, Geregu Power traded stocks valued at N8.7 billion in 141 deals, followed by Guaranty Trust Holding, which traded equities worth N8.7 billion in 1,537 deals.
Aradel Holding traded shares valued at N1.5 billion in 1,164 deals.