Investors in the Nigerian equities market lost N4 billion at the close of trading on Tuesday.
This followed the dip in the share prices of stocks such as Austin Laz & Company, Deap Capital Management & Trust, and Fidson Pharmaceuticals, among others, on the trading floor.
The benchmark All-Share Index (ASI) fell to 147,710.96 points from the 147,717.22 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation decreased to N93.756 trillion from N93.760 trillion posted by the bourse on Monday.
The market breadth was negative with 18 stocks advancing, 26 stocks declining, and 102 stocks remaining unchanged in 25,645 deals.
An aggregate of 495,103,115 units of shares was traded, valued at N17.3bn
Regal Insurance, Prestige Insurance and WAPIC led other gainers with 8.82%, 6.71% and 6.45% growth each in share prices to close at N1.48, N1.75, and N3.30 from the previous N1.36, N1.64, and N3.10 per share.
Austin Laz & Company, Deap Capital Management & Trust, and Fidson Pharmaceuticals led other price decliners with a 7.94%, 6.67%, and 6.67% dip in share price to close at N2.90, N1.68, and N40.60 per share, down from the previous N3.15, N1.80, and N43.50 per share.
On the volume index, Fidelity Bank Plc led trading with 50 million shares in 451 deals, followed by Chams Plc, which traded 37 million shares in 670 deals.
Tantalizers traded 36 million shares in 107 deals.
On the value index, MTN Nigeria traded stocks valued at N2.4 billion in 1, 262 deals, followed by Dangote Cement, which traded equities worth N2.3 billion in 985 deals.
Lafarge Wapco traded shares valued at N2.2 billion in 339 deals.