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Investors in the Nigerian equities market lost N358 billion at the close of trading on Thursday.
This followed the dip in the share prices of stocks like C&I Leasing Plc , UPDC Plc, and Lasaco Assurance Plc, among others, on the trading floor.
The benchmark All-Share Index (ASI) crashed to 145,300.01 points from 146,055.89 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation decreased to N91.9 trillion from N92.2 trillion posted by the bourse on Wednesday.
The market breadth was positive, with 21 stocks advancing, 51 stocks declining, and 56 stocks remaining unchanged in 43,515 deals.
Juli Pharmacy Plc , Austin Laz & Company and NCR Nigeria led other gainers with 10%, 9.91% and 9.43% growth each in prices to close at N9.90, N2.33, and N8.70 from the previous N9.00, N2.12 and N7.95 per share.
C&I Leasing Plc, UPDC Plc and Lasaco Assurance Plc led other price decliners with 10% dip in share prices to close at N7.20, N7.20 and N4.50 from the previous N8.00, N8.00 and N5.00 per share.
On the volume index, Universal Insurance Plc led trading with 390 million shares in 1,039 deals, followed by AIICO Insurance Plc, which traded 236 million shares in 2,506 deals.
Linkage Assurance Plc traded 214 million shares in 679 deals.
READ ALSO: NGX: Stock market recovery short-lived as investors lose N199bn
On the value index, Nigerian Breweries Plc traded stocks valued at N1.8 billion in 280 deals, followed by Ellah Lakes Plc, which traded equities worth N1.7 billion in 1,319 deals.
Access Holdings Plc traded shares valued at N1.2 billion in 1,319 deals.
Baabajide Okeowo
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