The Nigerian equities market on Tuesday closed on a positive note as the All Share Index dropped further by 1.06% to close at 23,695.90 points from the previous close of 23,950.83 points on Monday.
Market Capitalisation declined by 1.07% to close at N12.349 trillion from the previous close of N12.482 trillion, thereby shedding N133 billion.
Aggregate volume of 155.75 million units of shares were traded in 4,005 deals, valued at N1.68 billion.
Market Breadth
The market breadth closed negative as 14 equities appreciated in their share prices while 15 equities declined in their share prices.
Percentage Gainers
Neimeth International Pharmaceutical Plc led other percentage gainers with 10% growth, closing at N0.66 from the previous close of N0.60.
NPF Microfinance Bank, Eterna Plc, MCNICHOLS and C&I Leasing among other gainers also grew their share prices by 9.76%, 9.44%, 8.70% and 6.25% respectively.
Percentage Losers
Caverton led other price decliners, shedding 10% of its share price to close at N2.43 from the previous close of N2.70.
Arbico, Afromedia and LASACO among other price decliners also shed 9.73%, 8.82% and 7.41% respectively.
Volume Drivers
First Bank of Nigeria Holdings ( FBNH) traded about 27.85 million units of its shares in 282 deals, valued at N133.59 million.
UACN traded about 16.62 million units of its shares in 94 deals, valued at N114.71 million.
Guaranty Trust Bank traded about 14.97 million units of its shares in 317 deals, valued at N314.69 million.