Investors in the Nigerian equities market lost N4.6 trillion at the close of trading on Tuesday.
This followed the slump in the share prices of stocks such as Academy Press, MTN Nigeria, and Bua Cement, among others, on the trading floor.
The benchmark All-Share Index (ASI) slumped to 141,327.30 points from the 148,781.90 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation decreased to N89.8 trillion from N94.5 trillion posted by the bourse on Monday.
The market breadth was negative with 4 stocks advancing, 61 stocks declining, and 81 stocks remaining unchanged in 29,558 deals.
An aggregate of 655,953,033 units of shares was traded, valued at N29.3 billion
NCR Nigeria, Berger, and First City Monument Bank led the gainers with 9.82%, 2.56%, and 0.96% growth in share prices, respectively, to close at N0.99, N1.90, and N6.00 per share, up from the previous N0.90, N1.73, and N5.52 per share.
Academy Press, MTN Nigeria, and Bua Cement led other price decliners with a 10% dip each in share price to close at N6.75, N429.30, and N162.00 per share, down from the previous N7.50, N477.00, and N180.00 per share
On the volume index, First Holding Company led trading with 68 million shares in 437 deals, followed by Access Holding Plc, which traded 56 million shares in 1,654 deals.
Zenith Bank Plc traded 41 million shares in 2,063 deals.
On the value index, Geregu Power traded stocks valued at N4.4 billion in 83 deals, followed by Stanbic IBTC, which traded equities worth N3.1 billion in 218 deals.
Aradel Holdings traded shares valued at N2.3 billion in 930 deals.