NGX: Investors lose N729.16bn

Investors on the Nigerian stock market lost N729.16bn as the market closed negatively on Tuesday.

The NGX All-Share Index also declined by 1.30 percent to close at 101,060.67 basis points, compared to the previous day’s loss of 3.15 percent to close at 102,393.23 basis points. The NGX Market CAP also recorded a loss of N729.16bn in Naira terms.

The total volume traded declined by 6.46 percent to close at N256.16m, valued at N6.63bn and traded in 8,783 deals. TRANSCORP was the most traded stock by volume with N39.75m units traded, while GEREGU was the most traded stock by value with N1.11bn units traded.

The Gote Index also declined by 0.23 percent to close at 368.84, while the Toni index declined by 2.17 percent to close at 573.64 basis points.

At the close of trading, the market recorded 7 gainers, 42 losers, and 65 unchanged. ETERNA topped the gainer’s list, while HONYFLOUR topped the list of losers.