The Nigerian stock market on Thursday closed on a positive note as the All Share Index grew by 0.07% to close at 22,554.84 points from the previous close of 22,539.94 points on Wednesday.
Market Capitalisation grew by 0.07% to close at N11.755 trillion from the previous close of N11.747 trillion, thereby gaining N8 billion.
Aggregate volume of traded stocks closed at 379.1 million units, up by 16.13% from the previous close of 326.4 million units.
The value of traded stocks was N4.3 billion, up by 29.60 percent from the previous close of N3.3 billion.
Total number of deals at the close of trade was 5,985, up by 15.85 percent from the previous close of 5,166 deals.
Market Breadth
The market breadth closed negative as 18 equities gained against 20 equities that declined in their share prices.
Percentage Gainers
Nestle led other percentage gainers with 10 percent growth, closing at N913.20 from the previous close of N830.20.
Nigerian Breweries, Conoil and Cornerstone Insurance among other gainers also grew their share prices by 9.89%, 9.69% and 9.26% respectively.
Percentage Losers
Access Bank and Sterling Bank both led other price decliners, shedding 10% of their share prices to close at N6.30 and N1.35 respectively.
NAHCO and Zenith Bank among other price decliners also shed their share prices by 9.79% and 9.75% respectively.
Volume Drivers
Zenith Bank traded about 84.56 million units of its shares in 1185 deals, valued at N1.25 billion.
First Bank of Nigeria Holdings (FBNH) traded about 65.67 million units of its shares in 630 deals, valued at N307.85 million