The mass action called by the labour leaders and coalition of civil societies seems to have started taken its toll on trading activities on the floor of the Nigerian Stocks Exchange (NSE), as market closed on negative note after days of bullish run yesterday.
During the day, a turnover of 54 million shares valued at N649 million in 295 deals was recorded.
The key benchmark indices dropped by 26.64 basis points or 0.13 per cent to close at 20,878.71 while the market capitalisation of equities depreciated by N9 billion to close at N6.579 trillion.
Financial services sector maintained the lead in volume terms with 51 million units worth N435 million in 157 deals.
The banking sub-sector of the financial services sector was the most active during the day (measured by turnover volume); with 45 million shares worth N431 million exchanged by investors in 122 deals.