The Nigerian equities market on Friday closed on a positive note as the All Share Index grew by 0.54% to settle at 22,198.43 points from the previous close of 22,078.58 points on Thursday.
The Market Capitalization grew by 0.54% to close at N11.568 trillion from the previous close of N11.506 trillion, thereby gaining N62 billion.
Aggregate volume of traded stocks was 379 million units, down by 27.83% from the previous close of 525.85 million units.
Value of traded stocks was down by 27.81% to close at N3.42 billion from the previous close of N4.74 billion.
Total number of deals at the close of trade was 4,669, down by 14.33% from the previous close of 5,450 deals.
Market Breadth
The market breadth closed positive as 18 equities gained against 13 equities that declined in their share prices.
Percentage Gainers
Prestige Assurance, Chams and Union Diagnostics led the percentage gainers with 10% growth respectively.
NASCON Allied Industries, UACN and Glaxosmith among other gainers grew their share prices by 9.54%, 9.03% and 8.70% respectively.
Percentage Losers
Presco Plc led other price decliners, shedding 9.89% of its share price to close at N36.45 from the previous close of N40.45.
Flour Mills of Nigeria, May & Baker and NCR Nigeria Plc among other price decliners shed their share prices by 9.81%, 9.60% and 9.09% respectively.
Volume Drivers
- Zenith Bank traded about 95.4 million units of its shares in 1,251 deals, valued at N1.15 billion.
- Guaranty Trust Bank traded about 35.7 million units of its shares in 501 deals, valued at N650.9 million.