The Nigerian equities market on Thursday closed on a positive note as the All Share Index grew by 0.45% to settle at 29,591.29 points away from the previous close of 29,458.21 points on Wednesday.
The Market capitalisation grew by 0.45% to close at N15.242 trillion from the previous close of N15.173 trillion, thereby gaining N69 billion.
Aggregate volume of traded stocks closed at 196.9 million units, down by 37.62% against the previous close of 315 million units.
The value of traded stocks rose by 111.85%, closing at N7.7 billion from the previous close of N3.6 billion.
Total number of deals at the close of trade was 2,915, down by 33.63% against the previous close of 4,392 deals.
Market Breadth
The market breadth closed firm as 14 stocks gained against 14 stocks that declined in their share prices.
Percentage Gainers
CAP Plc led the percentage gainers’ list with 10% growth to close at N27.5 from the previous close of N25.00.
Unilever, Chams Plc, Transcorp and Fidelity Bank among other gainers grew their share prices by 8.06%, 6.45%, 4.85% and 4.55% respectively.
Percentage Losers
Linkage Assurance, Wapic Insurance, Honeywell Flour and AIICO Insurance among othe price decliners shed their share prices by 8.33%, 7.89%, 7.69% and 5.68% respectively.
Volume Drivers
- UBA about 26.6 million units of its shares in 274 deals, valued at about N227 million.
- FCMB about 23.4 million units of its shares in 74 deals, valued at about N46.6 million.
- Access Bank traded about 20.39 million units of its shares in 282 deals, valued at N206 million.
- Seplat traded about 8.78 million units of its shares in 11 deals, valued at N5.27 billion.