NGX: Trading marred with losses, sell-offs, as ASI declines by 0.07%

Investors extended sell-off on Nigerian equities market on Tuesday leaving the market marred with losses.

The trading day witnessed selloffs in UBA (-4.11 percent), FBNH (-1.57 percent), ZENITHBANK (-3.03 percent), and ETI (-1.41 percent).

Meanwhile, the All-Share Index (NGX-ASI) declined by 0.07 percent to 99,051.02 points while the Market Capitalisation fell to N56.03trn, and year-to-date return dropped to 32.47 percent.

The total volume traded declined by 0.63 percent to close at N347.39m, valued at N7.66bn and traded in 8,122 deals. VERITASKAP was the most traded stock by volume with N59.17m units traded, while AIRTELAFRI was the most traded stock by value with N2.43bn.

Both Gote and Samad indices closed flat at 346.07 and 364.34 points, respectively, while Toni Index declined by 0.81 percent to close at 1,232.75 points.