Nigerian Equity Market continues down slide, loses 0.32%

The Nigerian Equity Market continued its downtrend on Tuesday, losing 0.32 per cent, driven by losses recorded by oil & gas stocks.
The All-Share Index shed 89.08 absolute points, representing 0.32 per cent to at 27,602.77 basis points.
Also, the Market Capitalization lost N43.34 billion, representing a loss of 0.32 per cent to close at N13.43 trillion.
PZ Cussons Nigeria added 5.93 per cent to close at N6.25, topping 12 other gainers, while Cement Company Of Northern Nigeria Plc gained 3.57 per cent to close at N14.50 and Chams Plc added 3.57 per cent to close at N0.29 to emerge among the three advancers of the day.
On the other hand, Seplat Plc shed 9.82 per cent to close at N397.70 to top 23-losers list, Neimeth International Pharmaceuticals Plc dropped 9.62 per cent to close at N0.47 and NPF Microfinance Bank Plc fell by 9.52 per cent to close at N1.14.
Investors traded a total of 183.65 million shares worth N4.50 billion in 3,558 deals; Transnational Corps of Nigeria Plc was the most active traded stock, exchanging 29.66 million shares valued at N31.7 million were traded in 99 deals.
The Nigerian Stock Exchange has so far -12.18 per cent this year.