The stock market suffered a N37 billion decline on Tuesday after experiencing a six-day successive bullish run on the floor of the Nigerian Exchange Limited.
The All-Share Index declined by 67.98 final points, representing a decrease of 0.13 per cent, to close at 54,299.76 points.
The overall market capitalisation value lost N37 billion to close at N29.576 trillion.
The trend was driven by price depreciation in large and medium-capitalised stocks, including the Nigerian Exchange Group, Geregu Power, Dangote Cement, Ardova, and UAC of Nigeria.
Twenty-six stocks lost relative to Twenty gainers leading to a negative Market Breadth.
Meanwhile, Conoil recorded the highest price gain of 10 per cent to close at N29.50 per share.
Nigeria Stock Market suffers N37bn decline