The Nigerian stock market losses 0.34% on Tuesday
The Nigerian stock market All share Index fell 0.34% on Tuesday to close at 66,652.17 points. As a result, the year-to-date (YTD) return fell to 30.05%, while the market capitalization fell 126.14 billion to close at 36.48 trillion.
The key drivers of the market’s performance were sell pressures in BUACEMENT (-1.20%), ZENITHBANK (-2.97%), and GTCO (-2.93%). Trade turnover was lower than it was on Monday with the value of transactions falling by 16.76%. In 7,018 transactions, 363.99 million shares worth N4.53 billion were swapped.
ACCESSCORP (+0.00%) topped the volume chart with 49.97 million units traded in transactions, while UBA (-1.71%) topped the value list with 787.37 million. CONOIL (-9.99%) ranked first among sixteen (16) laggards, while CORNERST (+10.00%) ranked first among fourteen (14) leaders.