The Nigerian equity market on Wednesday bounced back Sessions of loses as the All Share Index grew by 0.39% to settle at 49,836.51 points from the previous close of 49,642.69 points
Investors gained 104 billion as The Market Capitalisation was up by 0.39% to close at N26.880 trillion from the previous close of N26.776 trillion.
An aggregate of 367 million units of shares were traded in 3,725 deals, valued at N3.24 billion.
The Market Breadth closed positive as 20 equities appreciated in their share prices against 12 equities that declined in their share prices.
Percentage Gainers
GUINNESS led the gainers with 9.88% growth to close at N87.90 from the previous close of N80.00.
CAVERTON, TRANSCORP and NGXGROUP among other gainers also grew their share prices by 9.62%, 8.65% and 6.43% respectively.
Percentage Losers
Consolidated Hallmark Insurance led price decliners’ table as it shed 7.69% of its share price to close at N0.60 from the previous close of N0.65.
UNILEVER, SOVEREIGN INSURANCE and UPDCREIT among other price decliners also shed their share prices by 7.22%, 7.14% and 7.04% respectively.
Volume Drivers
Sterling Bank traded about 162 million units of its shares in 31 deals, valued at about N238.9 million.
ACCESSCORP traded about 27.7 million units of its shares in 167 deals, valued at about N228 million.
UBA traded about 26.6 million units of its shares in 169 deals, valued at N191 million.