Trading activities on the floor of the Nigerian Stock Exchange on Wednesday closed on a positive note as the All Share Index rose by 0.06% to close at 23,709.44 points from the previous close of 23,695.90 points on Tuesday.
Investors gain N7 billion as market capitalization inches up by 0.06% to close at N12.356 trillion from the previous close of N12.349 trillion.
Aggregate volume of 159.24 million units of shares were traded in 3,573 deals, valued at N1.54 billion.
Market Breadth
The market breadth closed positive as 20 equities appreciated in their share prices while 8 equities declined in their share prices.
Percentage Gainers
Unilever led other percentage gainers with 9.96% growth to close at N12.70 from the previous close of N11.55.
Mobil, May& Baker, NPF Microfinance Bank, AXA-Mansard Insurance and LASACO among other gainers also grew their share prices by 9.94%, 9.70%, 9.63%, 8.23% and 8.00% respectively.
Percentage Losers
Jaiz Bank and Union Diagnostics both led other price decliners, shedding 6.45% of their share prices to close at N0.58 and N0.29 respectively.
Champions Breweries and AIICO Insurance among other price decliners also shed their share prices by 6.17% and 4.12% respectively.
Volume Drivers
- First Bank of Nigeria Holdings (FBNH) traded about 50.77 million units of its shares in 328 deals, valued at N242 million.
- Access Bank traded about 10.89 million units of its shares in 157 deals, valued at N68.6 million.
- UBA traded about 9.79 million units of its shares in 143 deals, valued at N59.5 million.