Transactions on the floor of the Nigerian Stock Exchange on Wednesday closed on a positive note as the All Share Index appreciated further by 0.15% to settle at 25,330.10 points from the previous close of 25,291.78 points on Tuesday.
Investors gained N20 billion as market capitalization grew by 0.15% to close at N13.214 trillion from the previous close of N13.194 trillion.
An aggregate of 180.73 million units of shares were traded in 3,411 deals, valued at N1.36 billion.
Market Breadth
The market breadth closed positive as 24 equities appreciated in their share prices against 8 equities that declined in their share prices.
Percentage Gainers
FTN Cocoa Processors Plc led other percentage gainers with 10% growth to close at N0.22 from the previous close on N0.20
Northern Nigeria Flour Mills, University Press and Champions Breweries among other gainers also grew their share prices by 9.76%, 9.56% and 7.06% respectively.
Percentage Losers
Cornerstone Insurance led other price decliners as it shed 9.68% of its share price to close at N0.56 from the previous close of N0.62.
Africa Prudential Plc and Wapic Insurance among other price decliners also shed their share prices by 6.67% and 2.94% respectively.
Volume Drivers
- Fidelity Bank traded 26.57 million units of its shares in 72 deals, valued at N47.27 million.
- UBA traded 19.48 million units of its shares in 172 deals, valued at N125.97 million.
- Access Bank traded 18.95 million units of its shares in 136 deals, valued at N121.29 million.