The value of transactions on the exchange declined by 32.75 per cent, according to official trading data.
On Tuesday, the Nigerian Exchange Ltd. (NGX) witnessed a further drop in market indices by 1.2 per cent amid sustained negative investment sentiments.
The market negative performance was driven by price depreciation in stocks like BUA Foods, MTNN, Unilever, Fidson Healthcare and United Capital.
The All-Share Index dipped 150.97 points or 0.34 per cent to close at 44,454.67 against Thursday’s 44,604.74.
Specifically, the market capitalisation shed N19 billion.
The All-Share Index lost 46.93 points or 0.12 per cent to close at 38,802.15.
The market sentiment closed negative with 18 laggards against 13 gainers.
The market breadth closed negative with 23 laggards against 18 gainers.
Market capitalisation lost N54 billion or 0.27 per cent to close at N20.089 trillion from N20.143 trillion achieved on Friday.
Profit taking on banking and consumer goods stocks induced the loss.
