Equities market gains N20bn as ASI inches up by 0.17%

The Nigerian equities market on  Friday closed on a positive note as the All Share Index grew by 0.17% to settle at 22,733.35 points from the previous close of 22,695.88 points on Thursday.
Market Capitalisation grew by 0.17% to close at N11.847 trillion from the previous close of N11.827 trillion, thereby gaining N20 billion.
Aggregate volume of traded stocks was 733 million units, down by 30.76% from the previous close of 1.06 billion units.
Value of traded stocks was up by 4.18% to close at N10.22 billion from the previous close of N9.81 billion.
Total number of deals at the close of trade was 6,703, up by 21.85% from the previous close of 5,501 deals.
Market Breadth 
The market breadth closed positive as 17 equities gained while 15 equities declined in their share prices.
Percentage Gainers 
UBA led other percentage gainers with 9.82% growth, closing at N6.15 from the previous close of N5.60.
Fidelity Bank,  Zenith Bank and AXA Mansard among others also grew their share prices by 9.80%, 9.68% and 9.27% respectively.
Percentage Losers 
NEM Insurance, Seplat, Africa Prudential and Cadbury all shed 10% of their share prices respectively.
Caverton, International Breweries and Ikeja Hotel among other price decliners also shed 9.96%, 9.45% and 9.17% of their share prices respectively.
Volume Drivers 
Guaranty Trust Bank traded about 162 million units of its shares in 1,132 deals, valued at N2.996 billion.
Zenith Bank traded about 161 million units of its shares in 1,497 deals, valued at N1.824 billion.

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