Nigerian Stock Exchange twin indicators, the All-Share Index and Market Capitalization both depreciated by 0.34 per cent each.
Nigerian equities market relapsed on Tuesday, June 16, when the Nigerian Stock Exchange twin indicators, the All-Share Index and Market Capitalization both slid by 0.34 per cent each.
The market’s All Share Index plunged by 116.78 basis points or 0.34 per cent to close at 33, 602.67 points as against 33,719.45 points recorded on Monday, June 15, while market capitalization went down by N39.865 billion to close at N11.470 trillion compared with N11.510 trillion recorded in the previous trading day.
However, at the close of trading on Tuesday,June 16, investors traded a total of 240.640 million shares valued at N6.678 billion in 3,957 transactions as against 229.724 million shares valued at N4.805 billion in 3,482 transactions recorded on Monday with the financial services sector accounting for a total of 175.159 million shares valued at N2.537 billion in 2,076 deals compared with 176.940 million shares valued at N1.479 billion in 1,884 deals recorded on Monday.
In the banking sub-sector, investors also bought and sold a total of 142.801 million shares valued at N2.420 billion in 1,352 transactions as against 151.350 million shares valued at N1.354 billion in 1,253 transactions recorded on Monday.