Equities market closes lower by 0.22%, Friday

The Nigerian equities market on Friday closed on a negative note as the All Share Index dropped by 0.22% to settle at 26,855.52 points against the previous close of 26,913.70 points on Thursday.

Market capitalization closed at N12.962 trillion, shedding N28 billion from the previous close of N12.990 trillion.

Aggregate volume of traded stocks closed at 197 million units, valued at N3.53 billion in 3,989 deals.

 

Market Breadth

The market breadth closed positive as 15 stocks emerged on the gainer’s list while 11 stocks declined in their share prices.

 

Percentage Gainer

Niger Insurance with 10% growth led 14 other gainers to close at N0.22 from the previous close of N0.20.

ABC Transport and Unity Bank among other gainers also grew their share prices by 9.76% and 7.69% respectively.

Percentage Losers

University Press Limited, Japaul Oil and Honeywell Flour among other price decliners shed their share prices by 7.53%, 4.55% and 3.77% respectively.

Volume Drivers

  • UACN traded about 33 million units of its shares in 251 deals, valued at N282.86 million.
  • Access Bank traded about 28.73 million units of its shares in 245 deals, valued at N263.67 million.
  • UBA traded about 24.43 million units of its shares in 341 deals, valued at N164 million.

Leave a Reply

Your email address will not be published.

WP Twitter Auto Publish Powered By : XYZScripts.com