The Nigerian equities market on Thursday closed on a positive note as the All Share Index rose by 0.10% to settle at 21,121.20 points from the previous close of 21,100.54 points on Wednesday.
Market Capitalisation grew by 0.09% to close at N11.007 trillion from the previous close of N10.997 trillion, thereby gaining N10 billion.
Aggregate volume of traded stocks closed at 255.59 million units, up by 65.38% from the previous close of 154.55 million units.
Value of traded stocks was N2.86 billion, up by 62.07% from the previous close of N1.77 billion.
Total number of deals at the close of trade was 4,418, up by 29.37% from the previous close of 3,415 deals.
Market Breadth
The market breadth closed negative as 7 equities gained while 19 equities declined in their share prices.
Percentage Gainers
Dangote Cement led other gainers with 9.93% growth, closing at N128.40 from the previous close of N116.80.
Livestock Feeds and Glaxosmith among other gainers also grew their share prices by 9.37% and 9.09% respectively.
Percentage Losers
Nigerian Breweries led other price decliners, shedding 9.27% of its share price to close at N22.50 from the previous close of N24.80.
Honeywell Flour, International Breweries and MTN Nigeria among other price decliners also shed 8.16%, 6.54% and 5.69% of their share prices respectively.
Volume Drivers
Zenith Bank traded about 100.83 million units of its shares in 1,211 deals, valued at N1.11 billion.
Guaranty Trust Bank traded about 34.18 million units of its shares in 428 deals, valued at N595.98 million.