The Nigerian Equities market maintained bearish moments from Tuesday’s loss as major market indicator declined by 0.34 per cent.
On Wednesday, the Nigerian Stock Exchange All-Share Index (NSE ASI) closed lower at 36,652.82 basis points to bring Year-To-Date returns to 36.38 per cent.
Similarly, market capitalisation closed lower at N12.742 trillion, having shed N43 billion, while market breadth closed as it did in the previous trading session, 19 gainers to 19 losers.
The volume and value of trades stood at 336 million shares and N1.83 billion in contrast to 353 million shares and N3.26 billion which translates to 4.76 per cent and 43.67 per cent declines in both figures respectively.
Transactions in the shares of Diamond Bank Plc, Skye Bank Plc, Zenith Bank Plc, Fidelity Bank Plc and FBN Holdings topped the activity chart as the most traded equities as measured by volume.
The Insurance sector index recorded the greatest daily percentage change while the consumer goods sector index topped the opposing chart.