The Nigerian Stock market on Friday extends a stretch of decline to seven days as the All Share Index declines 1.01% to close at 39,323.62 points as against the previous close of 39,723.85 points on Thursday.
Market capitalisation also declined by 1.01% to settle at N14.244 trillion as against N14.389 trillion of the last trading session, shedding N145 billion.
Volume and value of traded stocks on Friday grew by 15.43% and 47.25%, settling at 295.996 million units and N2.949 billion respectively.
The market breadth closed very weak as 12 stocks gained while 42 lost.
Ikeja Hotel led other percentage gainers closing 9.79% above the previous close of N2.35, to settle at N2.58
MRS grew 4.95% and Sterling Bank grew 4.65% ahead of other few stocks on the chart
Equity Assurance tops losers’ chart losing 8.70% of its share price, while Fidelity, Japaul Oil and Dangote Flour shed 7.77%, 7.69% and 6.81% respectively.
The most actively traded stocks of the day is Zenith Bank, trading about 22.211million units of its shares in 582 deals, worth about N592.548 million