The Nigerian equity market on Wednesday grew further as the All Share Index appreciated by 1.25% to settle at 48,138.71 points from the previous close of 47,545.86 points.
Investors gained 320 billion as The Market Capitalisation was up by 1.25% to close at N25.952 trillion from the previous close of N25.632 trillion.
An aggregate of 349.6 million units of shares were traded in 4,587 deals, valued at N3.699 billion.
The Market Breadth closed positive as 28 equities appreciated in their share prices against 21 equities that declined in their share prices.
Percentage Gainers
JAPAULGOLD and ETERNA OIL led the gainers with 10.00% growth each to close at N0.33 and N5.50 from the previous close of N0.30 and N5.00 respectively.
GUINNESS, MEYER and WAPIC among other gainers also grew their share prices by 9.96%, 9.66% and 9.52% respectively.
Percentage Losers
UNIONDICON led price decliners’ table as it shed 9.60% of its share price to close at N8.95 from the previous close of N9.90.
CWG, JOHNHOLT and Regency Alliance among other price decliners also shed their share prices by 9.28%, 8.97% and 8.57% respectively.
Volume Drivers
Zenith Bank traded about 24 million units of its shares in 404 deals, valued at about N571.5 million.
Fidelity traded about 21 million units of its shares in 213 deals, valued at about N80 million.
UBA traded about 20 million units of its shares in 165 deals, valued at N160.5 million.