Investors on the Nigerian Stock Exchange (NSE) on Tuesday exchanged 268.85 million shares worth N3.49 billion in 6,500 deals.
The News Agency of Nigeria (NAN) reports that the volume of shares traded declined by 4.22 per cent compared with 280.69 million shares valued at N2.68 billion traded in 6,245 deals on Monday.
The banking stocks remained the toast of investors with Access Bank emerging the most traded stock with 25.03 million shares worth N279 million.
Unity Bank came second on the activity chart, accounting for 21.27 million shares valued at N13.85 million, while investors staked N416.09 million on 20.16 million shares of Zenith Bank. FBN Holdings recorded a turnover of 19.09 million shares worth N352.09 million, while Skye Bank accounted for 14.22 million shares valued at N66.64 million.
The market capitalisation was down by N20 billion or 0.17 per cent to close at N11.89 trillion from the N11.91 trillion recorded on Monday due to profit -taking.
NAN also reports that the All-Share Index dropped by 60.4 points or 0.16 per cent to close at 37,024.72 against 37,085.12 recorded on Monday.
Flour Mills topped the losers' chart, dropping N10.40 to close at N93.60 per share. Flour Mills was trailed by Guinness with a loss of N5.90 to close at N259.10, while Nestle lost N5.89 to close at N993 per share. Nigerian Breweries dipped by N4.80 to close at N150.30, while Okomu Oil decreased by N1.80 to close at N48 per share.
Presco led the gainers' table, gaining N2.95 to close at N37.95 per share. Lafarge Cement WAPCO followed with a gain of N2.56 to close at N91, while Zenith grew 90k to close at N20.90 per share. Dangote Sugar rose by 46k to close at N10.97, while Access Bank gained 41k to close at N11.05 per share.