Transactions on the floor of the Nigerian Exchange on Thursday closed on a positive note, occasioned by gain in the share price of MTN by 1.48%.
The All Share Index appreciated by 0.17% to settle at 38,548.24 points from the previous close of 38,482.52 points. Investors gained N34 billion as the Market Capitalisation grew by 0.17% to close at N20.092 trillion from the previous close of N20.058 trillion.
An aggregate of 249.686 million units of shares were traded in 3,524 deals, valued at N1.876 billion.
The Market Breadth closed positive as 19 equities appreciated in their share prices against 15 equities that declined in their share prices.
Percentage Gainers
- University Press led other gainers with 10% growth to close at N1.54 from the previous close of N1.40.
- Berger Paints and John Holts among other gainers also grew their share prices by 9.84% and 9.43% respectively.
Percentage Losers
- CWG led other price decliners as it shed 9.63% of its share price to close at N1.69 from the previous close of N1.87.
- Union Bank and Sovereign Trust Insurance among other price decliners also shed their share prices by 6.72% and 6.67% respectively.
Volume Drivers
- Sovereign Trust Insurance traded about 35.51 million units of its shares in 52 deals, valued at about N9.72 million.
- Zenith Bank traded about 27.51 million units of its shares in 272 deals, valued at N632.28 million.
- FCMB traded about 22.68 million units of its shares in 72 deals, valued at N72.23 million.