The All-Share Index also lost 0.24 per cent or 249.42 points, to close at 103,398.82, against 103,648.24 recorded on Monday.
Analysis of the market activities showed trade turnover settled higher relative to the previous session.
Market breadth closed negative with 30 losers and 17 gainers on the floor of the exchange.
Specifically, the market capitalisation decreased by N21 billion, or 0.04 per cent, from N59.418 trillion to N59.397 trillion.
The Nigerian Exchange Ltd. (NGX) market capitalisation, which opened at N59.801 trillion, gained N123 billion or 0.20 per cent to settle at N59.924 trillion.
The Nigerian Exchange Ltd. (NGX) market capitalisation dropped by N671 billion, or per cent, closing at N55.777 trillion, down from N56.448 trillion.
Specifically, the market capitalisation opened at N55.188 trillion and shed N57 billion or 0.10 per cent to close at N55.131 trillion.
The All-Share Index also decreased by 0.50 per cent or 491 points to settle at 97,390.01 against 97,880.94 recorded on Monday.
The stock market capitalisation sheds N171 billion or 0.31 per cent, closing at N55.545 trillion from an opening of N55.716 trillion.
Investors gained N62 billion or 0.11 per cent as the market capitalisation opened at N56.608 trillion and closed at N56.670 trillion.