Transactions on the Nigerian Stock Exchange (NSE) on Wednesday closed on depressed note with major equities recording marginal price losses.
Market indices also recorded marginal depreciation as a result of the price losses.
The All-Share Index lost 15.26 points to close at 36, 215.57 against 36, 230.83 points posted on Tuesday.
Also, the market capitalisation, which opened at N11.49 trillion, lost N4 billion or 0.04 per cent to close at N11.48 trillion.
Nigerian Breweries topped the losers’ chart with a loss of N2 to close at N161.29 per share.
Champion trailed with a loss of N1.70 to close at N15.33, while Cadbury lost 98k to close at N49.02 per share.
Mandrid dipped by 59k to close at N5.35, while Presco lost 50k to close at N37 per share.
GlaxoSmithKline led the gainers’ table, gaining N3.45 to close at N63.45 per share.
It was followed by PZ with a gain of N3.09 to close at N41.99, while Lafarge Wapco gained N1.50 to close at N92 per share.
Stanbic IBTC gained N1 to close at N18.07, while Vitafoam appreciated by 39k to close at N4.41 per share.
In spite of the drop in the market indicators, the volume of shares traded grew by 102.9 per cent.
A total of 281.93 million shares worth N3.04 billion were traded in 5,323 deals.
This was against the 135.95 million shares valued at N1.85 billion traded in 4,940 deals on Tuesday.
The Continental Reinsurance drove the turnover volume, accounting for 50.49 million shares worth N62.62 million.
Wapic was second on the activity chart, recording 34.58 million shares valued at N35.61 million, while GTBank accounted for 21.37 million shares worth N535.61 billion.