Nigerian Bourse declines 0.14% further with Unilever leading the decliners

The Nigerian equities market on Thursday declined further, dragged by loses in Unilever and other 15 stocks as the All Share Index closed 0.14% lower to settle at 26,188.24 points against the previous close of 26,223.66 points on Wednesday.

The market capitalisation closed at N12.748 trillion, shedding N35 billion from the previous close of N12.766 trillion

Aggregate volume closed at 726 million units, valued at N2.9 billion in 3,040 deals.

Market Breadth

The market breadth closed negative as 9 stocks gained against 16 that declined in their share prices.

Percentage Gainers

Regency  Assurance with 5.00% growth led other gainers to close at N0.21 from the previous close of N0.20.

CHAMS and Jaiz Bank among other gainers also grew their share prices by 4.35% and 3.77% respectively.

Percentage Losers

Unilever, Fidson and Union Diagnostic among others shed their share prices by 9.98%, 9.72% and 8.33% respectively.

Volume Drivers

Zenith Bank traded about 52 million units of its shares in 609 deals, valued at N907 million.

 

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