The Nigerian equity market on Thursday closed on a negative note as the All Share Index declined by 0.08% to settle at 38,469.87 points from the previous close of 38,501.31 points
The Market Capitalisation declined by 0.13% to close at N20.043 trillion from the previous close of N20.070 trillion, thereby shedding N27 billion.
An aggregate of 238.24 million units of shares were traded in 3,927 deals, valued at N2.58 billion.
The Market Breadth closed negative as 12 equities appreciated in their share prices against 16 equities that declined in their share prices.
Percentage Gainers
NEM led other gainers with 10% growth, closing at N2.20 from the previous close of N2.
Courtville Business Solution and NAHCO among other gainers also grew their share prices by 9.52% and 5.71% respectively.
Percentage Losers
Prestige Assurance led other price decliners as it shed 10% of its share price to close at N0.45 from the previous close of N0.50.
Pharmadeko, University Press and Coronation Insurance among other price decliners also shed their share prices by 9.70%, 7.88% and 5.08% respectively.
Volume Drivers
Transcorp traded about 34.44 million units of its shares in 149 deals, valued at N32.15 million.
Courtville Business Solution traded about 26.37 million units of its shares in 48 deals valued at N5.89 million.
Zenith Bank traded about 23.66 million units of its shares in 353 deals, valued at N590.35 million.