The equity market on Wednesday closed on a bearish note as the All Share Index depreciated by 0.08% to settle at 47,207.27 points from the previous close of 47,246.90 points.
The Market Capitalisation declined by 0.09% to close at N25.442 trillion from the previous close of N25.464 trillion, thereby shedding N22 billion.
An aggregate of 230.6 million units of shares were traded in 3,377 deals, valued at N3.49 billion.
The Market Breadth closed positive as 26 equities appreciated in their share prices against 16 equities that declined in their share prices.
Percentage Gainers
ETRANZACT led other gainers with 10.00% growth to close at N2.20 from the previous close of N2.00.
RTBRISCOE, Niger Insurance and May & Baker among other gainers also grew their share prices by 9.72%, 9.09% and 9.00% respectively.
Percentage Losers
Africa Prudential led other price decliners as it shed 5.77% of its share price to close at N7.35 from the previous close of N7.80.
Dangote Sugar, CHAMS PLC and Mutual Benefits Assurance among other price decliners also shed their share prices by 5.28%, 4.17% and 9.52% and 3.70% respectively.
Volume Drivers
Transcorp traded about 23.192 million units of its shares in 152 deals, valued at about N66 million.
Fidelity Bank traded about 16 million units of its shares in 140 deals, valued at N137.7 million.
UCAP traded about 14.7 million units of its shares in 315 deals, valued at N204.7 million.