The equities market closed lower on Wednesday, reversing previous gains and eroding investors’ wealth by N352 billion.
Aluminium Extrusion Industries topped the losers, declining by 9.91 per cent to N19.10, followed by Austinlaz, which fell 9.83 per cent to N4.13.
This revealed a 36 per cent increase in value, 11 per cent growth in volume, and a three per cent surge in deals when compared with the previous session.
The upturn was impacted by gains in May and Baker, Access Holding, United Bank for Africa (UBA) and NGX Group.
The All-Share Index dipped 16.94 points or 0.04 per cent to close at 39,505.40 from 39,522.34 on Friday.
However, the total volume of trades decreased by 12.8 per cent to 158.37 million shares valued at N2.24 billion exchanged in 3,330 deals.
