Transactions on the Nigerian Stock Exchange , NSE, closed Tuesday, January 19, on a negative note as the All Share Index plummeted by 0.42 per cent to close at 22,456.32 points from 22,550.83 on Monday, January 18.
Similarly, market capitalization also dropped from N7.756 trillion to N7.723 trillion.
The market recorded only 24 gainers today led by International Breweries with a gain of N1.40 or 9.40 per cent to N16.30 followed by NEM Insurance with a gain of N0.05 or 8.62 per cent to close at N0.63 Unity Bank that gained N0.59 or 8.47 per cent to close at N0.64 per share.
On the other hand, Okomu Oil topped 27 stocks on the losers’ chart with N3.02 loss or 9.74 per cent to close at N27.99 followed by Guinness that lost 9.89 or 9.61 per cent to close at N93.00 per share, and Champion Breweries that lost N0.29 or 8.58 per cent to close at N3.09 per share.
All together, a total of 256,439,035 shares worth N1.974 billion exchange hands in 4,731 deals.
