Nigerian equities saw a weak movement in price movement for the second day on the trot on Tuesday, inching up by as little as 0.01 per cent even though the quantity of shares traded rose by 94 per cent when set beside what was recorded on Monday.
Investors placed sell orders on millions of shares in UACN, which set stocks’ value on a downward course, with similar pressure on those of Zenith Bank helping the slide.The upside of trade came throughclosed at 42,388.57, dropping 6.14 basis points. Also, market capitalisation eased by 3.2 billion to N22.13 trillion.Meyer led gainers, growing by 9.52 per cent to close at N0.46. Consolidated Hallmark gained 9.26 per cent to close at N0.59. CAP rose by 6.87 per cent to N19.45.
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