The Nigerian Bourse on Wedneday decline further, as the All Share Index closed 0.28% to settle at 25,424.91 points below 25,497.32 points of the last trading session on Tuesday.
Market capitalisation declined also to N13.264 trillion from 13.302 trillion of the last trading session, thereby shedding 38 billion or 0.29%.
The Volume and value of traded stock closed higher with 7.01% and 40.48% to stand at 269.6 million units and N2.87 billion in 4,155 deals respectively.
Market Breadth
7 stocks closed gained against 23 that lost bringing the market breadth to a negative round off.
Percentage Gainers
Fidson led gainers’ table, closing 7.28% above the previous close of N3.71 to settle at N3.98, PZ Cussons grew 6.25% and CUSTODIAN grew 3.13% ahead of four other stocks on green table.
Percentage Losers
Royal Exchange tops the losers’ chart losing 10.00% of its share price, while Livestock Feeds, C & I Leasing and UAC Nigeria shed 9.09%, 8.974% and 4.76% respectively.
Volume Drivers
At the close of the day’s trading, Zenith Bank traded 35.8 million units of its share, worth about N592 million exchanged in 593 hands