Nigerian stock market losses N19.09 billion on Tuesday

The Nigerian stock market lost 0.06% on Tuesday to settle at 54,189.31 points. As a result, the year-to-date (YTD) return decreased to 5.73%, and the market capitalization decreased by N19.09 billion to close at N29.52 trillion.

The main factors influencing the performance of the market today were losses in GTCO (-0.40%), FBNH (-0.43%), and ACCESSCORP (-1.63%).

For trade turnover, a total of 2,950 transactions involving 254.17 million shares worth N15.58 billion were completed. With 125.01m units traded in transactions worth $12.50bn, GEREGU (+0.00%) topped the volume and value charts. In the laggard’s log, LINKASSURE (-4.44%) outperformed twelve (12) other companies, while AIICO (+1.69%) outperformed five (5) others.