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Investors in the Nigerian equity market lost another N58 billion at the close of trading on Thursday.
This followed the drop in share prices, including Mc Nichols, ABC Trans and Eterna on the stock exchange floor.
The benchmark All-Share Index (ASI) fell to 242,227.31 points from 243,132.61 points recorded the previous day.
After five hours of trading on the capital market, equity capitalization fell to N155.3 trillion from N155.9 trillion recorded by the exchange on Wednesday.
Market breadth was negative, with 25 stocks rising, 30 declining, and 91 stocks unchanged in 57,352 transactions.
A total of 588,462,648 shares were traded worth N27.8 billion.
READ ALSO:NGX: Investors lose N2.2tr as equity markets continue to decline
Intenegins, Omatek and Abbey Mortgage led the gainers chart, with share price growth of 10%, 9.73% and 9.68% respectively, closing at N6.60, N2.03 and N8.50 per share, up from N6.00, N1.85 and N7.75 per share.
Mc Nichols, ABC Trans, and Eterna led other price declines, with falls of 10%, 9.88%, and 9.85% respectively, closing at N7.74, N6.20, and N29.75 per share, down from N8.60, N6.88, and N33.00 per share respectively.
On the volume index, Access Holding Co led trading with 109 million shares in 2,254 transactions, followed by FCMB which traded 34 million shares in 675 transactions.
NGX Group 28 55 million shares in 1,331 transactions.
On the value index, NGX Group traded shares worth N3.8 billion in 1,331 transactions, followed by Aradel, which traded equities worth N3.7 billion in 1,955 transactions.
Zenith Bank traded shares worth N3.3 billion in 3,943 transactions.
Babajide Okeowo
