The Nigerian equity market on Thursday bounced back from sessions of loses as the All Share Index grew by 0.60% to settle at 138,980.01 points from the previous close of 138,157.16 points
Investors gained 521 billion as The Market Capitalisation was up by 0.60% to close at N87.937 trillion from the previous close of N87.416 trillion.
An aggregate of 1.8 billion units of shares were traded in 24,612 deals, valued at N16 billion.
The Market Breadth closed positive as 41 equities appreciated in their share prices against 12 equities that declined in their share prices.
Percentage Gainers
ELLAHLAKES and VERITAS KAPITAL led the gainers with 10.00% growth each to close at N12.98 and N1.98 from the previous close of N11.80 and N1.80 respectively.
Honeywell Flour, Royal Exchange and MANSARD among other gainers also grew their share prices by 9.95%, 9.94% and 9.94% respectively.
Percentage Losers
AUSTINLAZ led price decliners’ table as it shed 9.75% of its share price to close at N2.87 from the previous close of N3.18.
NEIMETH and DAAR COMMUNICATION among other price decliners also shed their share prices by 8.33% and 4.44% respectively.
Volume Drivers
Sovereign Trust Insurance traded about 1.4 billion units of its shares in 124 deals, valued at about N4.2 billion.
Nigerian Breweries traded about 28 million units of its shares in 250 deals, valued at about N2.8 billion.
Fidelity Bank Bank traded about 31 million units of its shares in 665 deals, valued at N642 million.