The Nigerian bourse continued its negative trend on Tuesday with market capitalisation losing N545 billion or 2.16 per cent to close at N24.709 trillion in contrast with N25.254 trillion posted on Monday.
Similarly, the All Share Index shed 999.63 points or 2.16 per cent to 45,366.32, compared with 46,365.95 achieved on Monday.
The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are: Airtel Africa Nigerian Breweries and Jaiz Bank.
UCAP led the gainer’s table with 9.69 per cent to close at N12.45 per share.
Regency Alliance Insurance followed with a gain of 8.33 per cent to close at 26k, while Sovereign Trust Insurance grew by 7.69 per cent to close at 29k per share.
Mutual Benefits Assurance advanced by 7.41 per cent to close at 29k per share.
Honeywell Flour gained by 6.84 per cent to close at N2.50 per share.
On the other hand, Airtel Africa led the laggard’s table, depreciating by of 10 per cent to…
Source: Vanguard Newspaper
