Market advances marginally by 0.01%

The Nigerian Exchange on Friday closed on a positive note as the All Share Index advanced marginally by 0.01%, closing at 46,964.23 points from the previous close of 46,960.29 points.

Investors gained N2 billion as the Market Capitalisation grew by 0.01% to close at N25.311 trillion from the previous close of N25.309 trillion.

An aggregate of 177 million units of shares were traded in 3,873 deals, valued at N4.2 billion.

The Market Breadth closed negative as 15 equities emerged as gainers against 16 equities that declined in their share prices.    

Percentage Gainers

PZ led other gainers with 6.90% growth, closing at N9.30 from the previous close of N8.70

Japaul gold and FTN Cocoa among other gainers also grew their share prices by 6.45% and 6.06% respectively.

Percentage Losers

NNFM led other price decliners, shedding 7.83% of its share price to close at N10.00 from the previous close of N10.85.

FCMB and Livestock Feeds among other price decliners also shed their share prices by 7.22% and 6.06% respectively.

Volume Drivers

Fidelity traded about 62.687 million units of its shares in 242 deals, valued at N206 million.

Zenith Bank traded about 22 million units of its shares in 511 deals, valued at N591 million.

GTCO traded about 16 million units of its shares in 477 deals, valued at N382 million.

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