THE equities market has closed in the negative territory for the third consecutive day, with the All-share Index (ASI) and market capitalisation shedding 0.08 per cent to close Tuesday at 34,846.82 points and N12.012trillion respectively.
FBN Holdings, 7up and NEM were the day’s highest losers with a depreciation of 4.99, 4.96 and 4.92 per cent to close at N5.14, N85.82 and N1.16 per share each.
The day’s gainers were led by Linkage Assurance, AXA Mansard and Jaiz Bank. They grew by 5, 4.74 and 4.48 per cent each to close at 63 kobo, N1.99 and 70 kobo respectively.
The volume and value traded in 3,783 deals appreciated by 7.4 and 83.8 percent each to close at 174.7mn units valued at N2.83bn.This is in comparison with 162.7m units of shares valued at N1.54bn and exchanged in 3,225 deals on Monday.
The top three most traded stocks were GTB, FCMB and FBNH with the sale of 38.8m units at N1.3bn, 12.6munits at N12.9m and 12.5m units at N65.2m respectively.
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