The Nigerian stock market opened the week on a bearish note, extending its losing streak as investors lost N2.341 trillion.
Market activity weakened, with total traded volume dropping by 31.33 per cent to 559.98 million shares.
A total of 439.9 million shares valued at N24.9 billion were exchanged in 40,245 transactions.
The financial services industry led activity with 3.358 billion shares.
Academy Press gained 9.70 per cent to close at N7.35, while Omatek Ventures rose 9.35 per cent to end at N1.17.
The market breadth closed positive with 36 gainers and 23 losers.
The Nigerian Exchange Ltd rebounded on Tuesday, breaking a two-day bearish run with a market gain of N19 billion.
Specifically, the Nigerian Exchange Ltd market capitalisation declined by N659 billion or 1.01 per cent, falling to N65.488 trillion from N66.147 trillion recorded on Friday.
Analysis of the market activities showed trade turnover settled higher relative to the previous session.
Consequently, the market capitalisation gained N46 billion or 0.08 per cent from an opening of N55.601 trillion to close at N55.647 trillion.
