Investors yesterday bought 286.793 million shares worth N4.541 billion in 4798 deals. This is against 219.704 million shares valued at N2.411 billion exchanged by investors the previous day in 4091 deals.
Trading result for the day showed that investors lost N289 billion between Monday and Tuesday this week. The stock market which shed N91 billion on Monday lost N198 billion on Tuesday to close lower at N11.972 trillion against N12.170 trillion recorded the previous day.
Also the NSE All Share Index (ASI) went down by 614.43 basis points to 37274.04 points from 37888.47 points traded on Monday. 7UP Bottling Company led the gainers table, appreciating by N1.24 kobo to close at N88.01 kobo. Guaranty Trust Bank (GTBank) followed with a gain of N1.12 kobo to close at N23.79 kobo, while Guinness Nigeria, Total Nigeria and Union DICON enhanced by N1.00, N0.97 kobo and N0.63 kobo respectively to close at N14.14 kobo.
Nestle Nigeria topped losers chart, dropping by N51.27 kobo to close at N975.08 kobo. Dangote Cement trailed with a loss of N5.20 kobo to close at N228.40 kobo, while Forte Oil declined by N4.94 kobo to close at N93.86 kobo. Other stocks that depreciated in price were Mobil Nigeria and Flour Mills Nigeria which lost N3.90 kobo and N3.45 kobo respectively.