The overall market capitalisation value lost N418 billion to close at N27.850 trillion from N28.267 trillion.
Market capitalisation lost N7 billion or 0.02 per cent to close at N28.649 trillion as against N28.656 trillion posted at the previous trading.
Market capitalisation went up to N26.816 trillion as against N26.682 trillion recorded on Wednesday.
The gain was prompted by renewed interests in telecoms giant MTN Nigeria.
Bargain hunting in Flour Mills and 27 others underpinned its performance with a gain of N1 billion
The market negative performance was driven by price depreciation in stocks like BUA Foods, MTNN, Unilever, Fidson Healthcare and United Capital.
Seplat Energy recorded the highest gain of 10 per cent to close at N869 per share.
The gain was driven by high demand for shares of MTN Nigeria Communications (MTNN).
The upturn was impacted by gains recorded in large and medium capitalised stocks.
BUA Cement led the losers’ chart by 10 per cent to close at N67.05 per share.
