The Nigerian equities market on Friday halts 3 consecutive days of gain as the All Share Index closes lower by 0.55% to settle at 26,279.61 points against the previous close of 26,426.20 points on Thursday.
The market Capitalisation dropped by 0.54% to close at N13.695 trillion against the previous close of N13.770 trillion, thereby shedding N75 billion.
Aggregate volume of traded stocks was 361.1 million units, down by 4.36% from the previous close of 431.9 million units.
The value of traded stocks declined by 16.39% to close at N4.28 billion from the previous close of N7.82 billion.
Total number of deals was 4,602, up by 1.86% from the previous close of 4,518 deals.
Market Breadth
The market breadth closed positive as 19 stocks gained while 16 stocks declined in their share prices.
Percentage Gainers
11 Plc (Mobil) led other percentage gainers with 9.98% growth, closing at N146.50 from the previous close of N133.20.
Learn Africa, Redstar Express and May & Baker among other gainers also grew their share prices by 9.90%, 9.73% and 9.69% respectively.
Percentage Losers
Omatek Ventures led other percentage losers, shedding 9.76% of its share price to close at N0.37 from the previous close of N0.41.
Ecobank, FBNH, Wema Bank and Zenith Bank among others shed their share prices by 9.30%, 6.96%, 6.15% and 6.00% respectively.
Volume Drivers
- Zenith Bank traded about 85.84 million units of its shares in 880 deals, valued at N1.65 billion.
- Guaranty Trust Bank traded about 43.95 million units of its shares in 581 deals, valued at N1.08 billion.
- UBA traded about 34.92 million units of its shares in 364 deals, valued at N242.74 million.