The Nigerian equities market on Friday closed on a positive note as the All Share Index grew by 0.40% to settle at 25,267.82 points from the previous close of 25,166.01 points on Thursday.
Investors gain N53 billion as Market Capitalisation appreciated by 0.40% to close at N13.168 trillion from the previous close of N13.115 trillion.
An aggregate of 325.6 million units of shares were traded in 5,647 deals, valued at N4.48 billion.
Market Breadth
The market breadth closed negative as 14 equities appreciated in their share prices while 20 equities declined in their share prices.
Percentage Gainers
Axa-Mansard led other percentage gainers with 9.73% growth, closing at N2.03 from the previous close of N1.85.
Neimeth, Cadbury and Bua Cement among other gainers also grew their share prices by 9.71%, 8.13% and 7.69% respectively.
Percentage Losers
Learn Africa led other price decliners, shedding 9.60% of its share price to close at N1.13 from the previous close of N1.25.
Dangote Sugar, Vitafoam and Jaiz Bank among other price decliners also shed their share prices by 7.86%, 7.50% and 6.67% respectively.
Volume Drivers
- First Bank of Nigeria Holdings (FBNH) traded about 75.2 million units of its shares in 472 deals, valued at N410 million.
- Guaranty Trust Bank traded about 36.95 million units of its shares in 566 deals, valued at N904 million.
- Zenith Bank traded about 33.49 million units of its shares in 611 deals, valued at N571 million.