Investors in the Nigerian equities market lost another N58 billion by the close of trading on Thursday.
This followed a dip in the share prices of stocks such as Mc Nichols, ABC Trans, and Eterna, among others, on the trading floor.
The benchmark All-Share Index (ASI) decreased to 242,227.31 points from the 243,132.61points recorded the previous day.
After five hours of trading on the capital market, equity capitalisation dipped to N155.3 trillion from N155.9 trillion posted by the bourse on Wednesday.
The market breadth was negative, with 25 stocks advancing, 30 declining, and 91 remaining unchanged in 57,352 deals.
A total of 588,462,648 shares were traded, valued at N27.8 billion.
READ ALSO:NGX: Investors lose N2.2tr as equity market continues to bleed
Intenegins, Omatek and Abbey Mortgage led the gainers’ chart, with 10%, 9.73% and 9.68% growth in share prices, respectively, to close at N6.60, N2.03 and N8.50 per share, up from N6.00, N1.85 and N7.75 per share.
Mc Nichols, ABC Trans, and Eterna led other price decliners, with declines of 10%, 9.88%, and 9.85%, respectively, to close at N7.74, N6.20, and N29.75 per share, down from N8.60, N6.88, and N33.00 per share, respectively.
On the volume index, Access Holding Co led trading with 109 million shares in 2,254 deals, followed by FCMB, which traded 34 million shares in 675 deals.
NGX Group 28 55 million shares in 1,331 deals.
On the value index, NGX Group traded stocks valued at N3.8 billion in 1,331 deals, followed by Aradel, which traded equities worth N3.7 billion in 1,955 deals.
Zenith Bank traded shares valued at N3.3 billion in 3,943 deals.
Babajide Okeowo
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