The Nigerian equity market on Wednesday closed on a positive as the All Share Index appreciated by 0.18% to close at 25,460.00 points from the previous close of 25,413.95 points on Tuesday.
Investors gained N24 billion as Market Capitalisation closed at N13.282 trillion from the previous close of N13.258 trillion.
An aggregate of 181.32 million units of shares were traded in 3,408 deals, valued at N1.12 billion.
Market Breadth
Market Breadth closed positive as 18 equities appreciated in their share prices while 11equities declined in their share prices.
Percentage Gainers
Cornerstone Insurance led other gainers with 8.33% growth to close at N0.65 from the previous close of N0.60.
Union Diagnostics, Regency Assurance and Sterling Bank among other gainers also grew their share prices by 8.00%, 4.35% and 4.17% respectively.
Percentage Losers
Initiates Plc and Academy Press both led other price decliners as they shed 10% of their share prices to close at N0.63 and N0.27 respectively.
AXA Mansard and UAC Properties among other price decliners also shed their share prices by 9.24% and 8.70%.
Volume Drivers
Transcorp traded about 26.79 million units of its shares in 77 deals, valued at about N15.38 million.
Regency Assurance traded about 20.31 million units of its shares in 9 deals, valued at about N4.57 million.
UBA traded about 13.30 million units of its shares in 230 deals, valued at about N86.21 million.