Transactions on the Nigerian Stock Exchange (NSE) depreciated further in volume and value terms on Tuesday as some major blue chips recorded price losses.
Due to the losses, the All-Share Index dipped by 223.82 points to close at 37,589.59 from the 37,813.42 recorded on Monday.
Similarly, the market capitalisation, which opened at N11.975 trillion, declined by N71 billion to close at N11.904 trillion.
The indicators depreciated by 0.6 per cent.
UACN led on the price losers’ chart by N6 to close at N55 per share.
Nigerian Breweries came second by N4.31 to close at N169.99, while Guinness lost N1.79 to close at N248 per share.
Lafarge Wapco depreciated by N1.50 to close at N98 per share, while Presco dipped by N1 to close at N36 per share.
On the other hand, Champion topped the gainers’ chart by N1.61 to close at N17.71 per share.
GTBank followed by 46k to close at N25.14 per share, while Evans Medical grew by 42k to close at N4.74 per share.
UPL appreciated by 29k to close at N4.09 per share.
Sterling Bank emerged as the most traded stock as it sold 59.62 million shares worth N172.39 million.
Zenith Bank followed accounting for 43.92 million shares valued at N924.22 million.
GTBank sold 41.31 million shares worth N1.03 billion.
In all, investors exchanged 378.599 million shares worth N4.8 billion in 5,819 deals.
This was in contrast to the 489.39 million shares valued at N3.2 billion exchanged in 5,798 deals on Monday.