The equity market on Friday closed on a bearish note as the All Share Index declined further by 1.21% to settle at 51,778.08 points from the previous close of 52,411.09 points.
The Market Capitalisation declined by 1.21% to close at N27.914 trillion from the previous close of N28.255 trillion, thereby shedding N341 billion.
An aggregate of 241 million units of shares were traded in 5,043 deals, valued at N3.665 billion.
The Market Breadth closed negative as 10 equities appreciated in their share prices against 24 equities that declined in their share prices.
Percentage Gainers
ELLAHLAKES led other gainers with 8.40% growth to close at N4.00 from the previous close of N3.69.
UACN, LIVINGTRUST MORTGAGE BANK and MUTUAL BENEFITS among other gainers also grew their share prices by 6.48%, 5.26% and 4.17% respectively.
Percentage Losers
MCNICHOLS led other price decliners as it shed 9.76% of its share price to close at N1.85 from the previous close of N2.05.
ARDOVA, LIVESTOCK FEEDS and INTERNATIONAL BREWERIES among other price decliners also shed their share prices by 9.70%, 9.52% and 9.42% respectively.
Volume Drivers
UBA traded about 36 million units of its shares in 246 deals, valued at about N269 million.
ZENITH BANK traded about 33 million units of its shares in 938 deals, valued at N719 million.
GTCO traded about 17 million units of its shares in 455 deals, valued at N359.69 million.