The Nigerian equities market on Friday closed on a positive note as the All Share Index grew further by 0.91% to settle at 29,618.52 points from the previous close of 29,352.13 points on Thursday.
The Market capitalisation grew by 0.75% to close at N15.256 trillion away from the previous close of N15.142 trillion, thereby gaining N114 billion.
Aggregate volume of traded stocks closed at 324.97 million units, down by 16.06% from the previous close of 387.16 million units.
The value of traded stocks declined by 29.16%, closing at N3.55 billion against the previous close of N5.02 billion.
Total number of deals at the close of trade was 4,175, down by 10.29% from the previous close of 4,654 deals.
Market Breadth
The market Breadth closed negative as 13 stocks gained while 16 stocks declined in their share prices.
Percentage Gainers
Cornerstone Insurance led the gainers’ list with 7.41% growth to close at N0.58 from the previous close of N0.54.
UACN grew its share price by 7.00% to close at N10.70 from the previous close of N10.00.
Access Bank and Courtville both grew their share prices by 4.35% to close at N10.80 and N0.24 respectively among others.
Percentage Losers
Golden Guinea Brew Plc, Omatek, and Consolidated Hallmark Insurance among other price decliners shed their share prices by 8.99%, 8.89% and 7.69% respectively.
Volume Drivers
- UBA traded about 65.74 million units of its shares in 522 deals, valued at N584.8 million.
- Access Bank traded about 71.83 million units of its shares in 428 deals, valued at N495.5 million.
- Zenith Bank traded about 38.28 million units of its shares in 480 deals, valued at N844.89 million.