The local bourse extended its decline for a sixth consecutive session, ending Tuesday on a softer note as broad-based selling pressure, particularly across the Banking and Consumer Goods sectors, dragged the NGX All-Share Index (NGX-ASI) lower by 0.35% to 241,611.23 points. The decline brought the market’s month-to-date loss to 1.50%, while the index remained firmly positive on a year-to-date basis, with a 55.26% gain.

Market capitalisation declined to NGN155.97 trillion, translating to an estimated NGN544.48 billion loss in investors’ wealth. Market breadth remained negative at 0.59x, with 22 gainers against 37 decliners, while the UD Ratio stood at 0.79x, reinforcing the bearish tone of the session.