The Nigerian stock market on Friday closed on a negative note as the All Share Index dropped by 1.17% to close at 25,016.30 points against the previous close of 25,312.05 points on Friday.
Market Capitalisation closed at N13.050 trillion, down by 1.17% from the previous close of N13.204 trillion, thereby shedding N154 billion.
An aggregate of 214.5 million units of shares were traded in 4,342 deals, valued at N2.5 billion.
Market Breadth
The market breadth closed positive as 22 equities appreciated in their share prices while 18 equities declined in their share prices.
Percentage Gainers
BOC Gases Plc led other percentage gainers with 10% growth, closing at N4.40 from the previous close of N4.00.
Neimeth Pharmaceuticals, Learn Africa, Skyway Aviation, Prestige Assurance and UAC Properties among other gainers also grew their share prices by 9.94%, 9.73%, 9.64%, 9.26% and 9.09% respectively.
Percentage Losers
Cadbury Nigeria led other price decliners as it shed 9.47% of its share price to close at N7.65 from the previous close of N8.45.
Wapic Insurance, Vita Foam and Chams Plc among other price decliners also shed their share prices by 9.09%, 8.32% and 6.90% respectively.
Volume Drivers
- Zenith Bank traded about 22.27 million units of its shares in 484 deals, valued at N373.3 million.
- Fidelity Bank traded about 18.54 million units of its shares in 114 deals, valued at N33.48.74 million.
- Guaranty Trust Bank traded about 17.16 million units of its shares in 376 deals, valued at N412.26 million.