Trading activities on the floor of the Nigerian Stock Exchange on Tuesday closed on a negative note as the All Share Index declined by 0.03% to settle at 27,033.10 points against the previous close of 27,041.03 points on Monday.
Market capitalisation declined by 0.03% to close at N14.083 trillion against the previous close of N14.087 trillion, thereby shedding N4 billion.
Aggregate volume of traded stocks closed at 241.7 million units, down by 43.66% against the previous close of 429 million units.
The value of traded stocks was down by 51.3%, closing at N3.55 billion away from the previous close of N7.3 billion.
Total number of deals at the close of trade was 4,456, down by 1.7% from the previous close of 4,533 deals.
Market Breadth
The Market Breadth closed negative as 8 stocks gained while 22 stocks declined in their share prices.
Percentage Gainers
Law Union & Rocks Insurance with 10% growth led other percentage gainers to close at N0.88 from the previous close of N0.8.
Cadbury and Africa Prudential grew their share prices by 9.76% and 4.29% to close at N9.00 and N5.11 respectively.
Others on the gainers list are FBNH with 2.83% growth; Access Bank with 2.27% growth; Glaxosmith with 2.22% growth; Ecobank Transnational Incorporated with 1.56% growth and UACN with 1.19% growth.
Percentage Losers
SFS Real Estate Investment Trust led other price decliners, shedding 9.94% of its share price to close at N69.30 from the previous close of N76.95.
Skyway Aviation, NPF Microfinance Bank and AIICO Insurance among other price decliners shed their share prices by 9.75%, 9.68% and 9.38% respectively.
Volume Drivers
- Zenith Bank traded about 43.3 million units of its shares in 933 deals, valued at N827.2 million.
- Guaranty Trust Bank traded about 38.7 million of its shares in 427 deals, valued at N1.04 billion.
- Zenith Bank traded about 56 million units of its shares in 993 deals, valued at N1.09 billion.