Analysis of the market activities showed trade turnover settled higher relative to the previous session.
The market capitalisation, which opened at N59.510 trillion, closed higher at N59.707 trillion.
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.
However, trading activities reflected a downward trend as the total value of shares traded decreased by 53.68 per cent.
The stock market capitalisation sheds N171 billion or 0.31 per cent, closing at N55.545 trillion from an opening of N55.716 trillion.
Specifically, the market capitalisation, which opened at N56.572 trillion, closed at N114 billion or 0.2 per cent downward, to close at N56.458 trillion.
Consequently, the Nigerian Exchange Ltd. (NGX) market capitalisation gained N6 billion, or 0.01 per cent, to close at N56.227 trillion, up from N56.221 trillion.
The market’s declining performance was driven by sell-offs in telecommunications heavyweights.
The All-Share Index shed 0.18 per cent to settle at 103,952.47, as against 104,136.35 recorded on Monday.
However, analysis of the market activities showed trade turnover settled lower relative to the previous session.
