Investors on the stock market of the Nigerian Exchange Limited yesterday lost N313 billion in market capitalisation as the market continued its negative performance for the successive session active trading.
Market breadth closed remained negative as 25 stocks lost relative to eight gainers. Chams Holding Company recorded the highest price gain of 8.70 per cent to close at 25 kobo, per share. On the other hand, ETI led the losers’ chart by 10 per cent to close at N10.80, per share. Industrial & Medical Gases Nigeria followed with a decline of 9.32 per cent each to close at N7.30, while Royal Exchange lost 8.22 per cent to close at 67 kobo, per share.
Transactions in the shares of Transnational Corporation topped the activity chart with 26.085 million shares valued at N33.979 million.
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