Investors in the equities market of the Nigerian Exchange Limited recorded losses worth N12.13bn at the end of trading.
The decline on Wednesday ended three consecutive days of gains.
The NGX All-Share Index fell by 0.05 per cent to close at 43,707.30 basis points from 43730.55bps on Tuesday, while the market capitalisation of stocks dropped to N22.81tn from N22.82tn the previous day.
Investor activity slowed as the trading volume declined by 3.57 per cent to 270.70 million units valued at N5.63bn in 3,861 deals, from 280.71 million units valued at N3.48bn in 4,342 deals on Tuesday.
Analysing by sector, the NGX Consumer Goods Index emerged the only gainer as it rose by 0.12 per cent, while the NGX Banking, Insurance, Industrial Goods, and Oil & Gas indices dropped by 0.97 per cent, 0.34 per cent, 0.25 per cent and 0.24 per cent, respectively.
