The Nigerian equities market on Wednesday, closed on a positive note as the All Share Index grew by 1.09% to close at 22,789.64 points from the previous close of 22,543.07 points on Tuesday.
The Market Capitalization grew by 1.09% to close at N11.876 trillion from the previous close of N11.748 trillion, thereby gaining N128 billion.
Aggregate volume of traded stocks was 671.5 million units, down by 0.65% from the previous close of 675.9 million units.
Value of traded stocks was up by 31.26% to close at N10.58 billion from the previous close of N8.06 billion.
Total number of deals at the close of trade was 7,247, down by 1.64% from the previous close of 7,368 deals.
Market Breadth
The market breadth closed positive as 19 equities gained while 14 equities declined in their share prices.
Percentage Gainers
MTN Nigeria and LASACO both led the percentage gainers with 10% growth to close at N104.5 and N0.22 respectively.
Oando, Eternal Plc and PZ among other gainers also grew their share prices by 9.95%, 9.90% and 9.98% respectively.
Percentage Losers
Sterling Bank led other price decliners, shedding 10% of its share to close at N0.99 from the previous close of N1.10.
Chams Plc, Okomu oil and Africa Prudential Plc among other price decliners also shed their share prices by 9.09%, 8.25% and 7.45% respectively.
Volume Drivers
- Guaranty Trust Bank traded about 177.75 million units of its shares in 1,575 deals, valued at N3.52 billion.
- Zenith Bank traded about 147 million units of its shares in 1,375 deals, valued at N1.976billion.
- Access Bank traded about 87 million units of its shares in 488 deals, valued at N565 million.