The Nigerian equities market on Friday closed on a negative note as the All Share Index dropped further by 0.43% to settle at 24,826.75 points against the previous close of 24,933.41 points on Thursday.
Market Capitalisation closed at N12.951 trillion, down by 0.43% from the previous close of N13.007 trillion, thereby shedding N56bn.
An aggregate of 174.68 million units of shares were traded in 3,695 deals, valued at N2.01 billion.
Market Breadth
The market breadth closed negative as 13 equities gained while 21 equities declined in their share prices.
Percentage Gainers
Cutix Plc led other percentage gainers with 10% growth, closing at N1.76 from the previous close of N1.60.
Unity Bank, Chams Plc and ABC Transport among other gainers also grew their share prices by 9.62%, 8.70% and 8.51% respectively.
Percentage Losers
University Press led other price decliners as it shed 10% of its share price to close at N1.08 from the previous close of N1.20.
Neimeth Pharmaceuticals, Tripple G and Sterling Bank among others also shed their share prices by 9.94%, 8.62% and 7.62% respectively.
Volume Drivers
- Mutual Benefit Assurance traded 26.59 million units of its shares in 46 deals, valued at N5.58 million.
- Zenith Bank traded 12.66 million units of its shares in 325 deals, valued at N205.7 million.
- Guaranty Trust Bank traded about 12.12 million units of its shares in 247 deals, valued at N279.8 million.