The Nigerian stock market on Tuesday closed on a negative note as the All Share Index dropped further by 0.36% to settle at 24,114.59 points from the previous close of 24,200.60 points on Monday.
Market Capitalisation declined by 0.35% to close at N12.580 trillion from the previous close of N12.624 trillion, thereby shedding N44 billion.
An aggregate of 208.2 million units of shares were traded in 4,174 deals, valued at N1.06 billion.
Market Breadth
The market breadth closed positive as 8 equities gained while 15 equities declined in their share prices.
Percentage Gainers
Unilever led other percentage gainers with 9.64% growth, closing at N13.65 from the previous close of N12.45.
Regency Assurance and Chams Plc among other gainers also both grew their share prices by 4.55% respectively.
Percentage Losers
Arbico Plc led other price decliners as it shed 9.94% of its share price to close at N1.54 from the previous close of N1.71.
Glaxosmith and ABC Transport among other price decliners also shed their share prices by 9.38% and 9.09% respectively.
Volume Drivers
- Sterling Bank traded about 78.92 million units of its shares in 439 deals, valued at N98.65 million.
- UBA traded 15.78 million units of its shares in 256 deals, valued at N96.03 million.
- Japaul traded 12.79 million units of its shares in 50 deals, valued at N3.2 million.