Nigerian Exchange ,NGX, Limited depreciated by 0.16% on Tuesday amid a mild profit-taking despite strong investor sentiment.
Data showed that the five major sectors of the bourse ended in the green territory yesterday, with the energy space expanding by 2.08%.
In addition, the insurance sector appreciated by 1.17%, the banking index improved by 0.71% , the consumer goods counter increased by 0.10%, and the industrial goods rose by 0.01%.
However, when trading activities ended for the session, the All-Share Index ,ASI, declined by 163.20 points to 99,630.51 points from 99,793.71 points, and the market capitalisation shed by N92 billion to N56.360 trillion from N56.452 trillion.
The biggest price loser was NASCON after it depreciated by 9.91% to N36.80, Thomas Wyatt fell by 9.66% to N1.59, May and Baker weakened by 7.13% to N5.60, C&I Leasing waned by 6.67% to N2.80, and Consolidated Hallmark dropped 4.17% to trade at N1.38.
Conversely, TotalEnergies appreciated by 9.98% to close at N388.90, Presco rose by 9.97% to N323.20, UPDC gained 9.92% to settle at N1.33, FTN Cocoa jumped by 9.65% to N1.25, and Chams grew by 9.47% to N1.85.
At the market on Tuesday, investors transacted 849.0 million stocks worth N16.6 billion in 8,064 deals compared with the 963.5 million stocks valued at N13.5 billion transacted in 8,657 deals on Monday, representing a rise in the trading value by 22.96% and a decline in the trading volume and the number of deals by 11.88%, and 6.85%, respectively.
Fidelity Bank retained its position on top of the activity chart with the sale of 293.2 million shares worth N2.9 billion, Nigerian Breweries traded 101.6 million equities valued at N2.9 billion, Zenith Bank exchanged 74.3 million stocks for N2.6 billion, Ecobank sold 62.5 million equities for N1.5 billion, and Access Holdings traded 51.9 million stocks worth N1.0 billion.
