The Nigerian Stock market on Wednesday closed lower as The All Share Index was down by 0.68% to close at 103,851.88 points from the previous close of 104,560.02 points.
Investors lose N445 billion as the Market Capitalisation dropped by 0.68% to close at N65.259 trillion from the previous close of N65.704 trillion.
At the close of trade on Wednesday, an aggregate of 351.7 million units of shares were traded in 12,141 deals, valued at N13.7 billion.
The Market Breadth closed positive as 25 equities emerged as gainers against 20 that declined in their share prices.
Percentage Gainers
ABBEYBUILDING led other gainers with 9.99% growth, to close at N8.15 from the previous close of N7.41.
Sovereign Trust Insurance and NGXGROUP also grew their share prices by over 7.00%.
Percentage Losers
IMG led other price decliners as it shed 10.00% of its share price to close at N34.20 from the previous close of N38.00
Guinea Insurance and UPDCREIT among other price decliners also shed their share prices by 9.52% and 8.20% respectively.
Volume Drivers
GTCO traded about 37 million units of its share in 703 deals, valued at about N2 billion.
ACCESSCORP traded 68 million units of its shares in 1,437 deals, valued at about N1.49 billion.
FCMB traded about 29 million units of its shares in 332 deals, valued at N262 million.