The negative sentiment continued on the Nigerian Exchange Ltd., (NGX) on Tuesday with the market capitalization declining further by N519 billion to close at N28.006 trillion against N28.525 trillion on Monday.
In the same vein, the All-Share Index lost by 1.82 percent to close at 51,949.64 compared with 52,911.51 recorded on Monday.
However, the volume of shares traded on Tuesday appreciated by 25.44 percent.
Specifically, investors traded 720.19 million shares worth N8.867 billion achieved in 6,096 deals.
This was in contrast with 263.34 million shares valued at N3.55 billion exchanged in 4,856 deals on Monday.
An analysis of the activity chart shows that Ecobank Transnational Incorporated (ETI) Bank was the most active stock, exchanging 257.63 million shares worth N2.96 billion.
Jaiz Bank came second with an account of 78 million shares valued at N69.74 million, while AccessCorp traded 60.52 million shares worth N605.03 million.
UACN accounted for 52.17 million shares valued at N673.07 million, while Transcorp sold 31.42 shares worth N39.69 million.
Guinness Plc topped the losers chart, dropping by 10 percent to close at N88.20 per share.
GSPEC Plc trailed with a decline of 9.77 percent o close at N2.77, Mansard dipped by 9.73 percent to close at N2.04 per share.
Chams were down by 8.70 percent to close at 0.21 percent, while Veritas Kapital also lost 8.70 percent to close at 21k per share.
Conversely, Japaul Oil recorded the highest price gain to lead the gainer’s table, gaining 10 percent to close at 3k per share.
IMG followed with 9.89 percent to close at N10, while MRS Oil garnered 9 .70 percent to close at N16.40 per share.
Abbey Buildings improved by 9.09 percent to close at N1.80, while Academy Press gained by 8.15 percent to close at N1.45 per share.