The Nigerian equities market on Tuesday closed on a negative note as the All Share Index declined by 0.39% to settle at 24,174.45 points from the previous close of 24,269.58 points on Monday.
Market Capitalisation closed at N12.611 trillion, down by 0.39% from the previous close of N12.660 trillion, thereby shedding N49 billion.
An aggregate of 304.19 million units of shares were traded in 3,500 deals, valued at N3.27 billion.
Market Breadth
The market breadth closed positive as 14 equities gained while 10 equities declined in their share prices.
Percentage Gainers
Linkage Assurance led other percentage gainers with 8.57% growth, closing at N0.38 from the previous close of N0.35.
Vitafoam, Royal Exchange and Unity Bank among other gainers also grew their share prices by 7.88%, 7.41% and 6.12% respectively.
Percentage Losers
Eterna Plc led other price decliners as it shed 10.00% of its share price to close at N1.80 from the previous close of N2.0.
Prestige Assurance, International Breweries and Cornerstone Insurance among other price decliners also shed their share prices by 9.26%, 9.21% and 9.09% respectively.
Volume Drivers
- First Bank of Nigeria Holding (FBNH) traded about 82.2 million units of its shares in 312 deals, valued at about N407.57 million.
- Custodian Investment traded about 30.3 million units of its shares in 7 deals, valued at N146.89 million.
- Sterling Bank traded about 27.99 million units of its shares in 164 deals, valued at N34.29 million.