Trading activities on the floor of the Nigerian Stock Exchange is yet to bounce back as a renewed loss of N22 billion was recorded on Tuesday, July 7.
Transactions on the floor of the Nigerian Stock Exchange, NSE, on Tuesday, July 7, remained in the red zone, causing a further loss of N22 billion.
The All-Share Index dropped 63.86 basis points or 0.19 per cent to close at 32,380.26 index points as against 32,444.12 recorded, on Monday, July 6.
Similarly, market capitalisation plunged by N22 billion or 0.19 per cent to close lower at N11.053 trillion as against N11.075 trillion as market sentiment remained on the red territory.
Meanwhile, a turnover of 217.1 million shares worth N2.9 billion in 3,737 deals was recorded in the day’s trading.
The banking services sector of the financial services sector was the most active during the day, with 150.9 million shares worth N2.2 billion exchanged by investors in 1,378 deals.