The equity market on Monday closed bearish as the All Share Index was down marginally by 0.01% to settle at 109,697.83 points from the previous close of 109,710.37 points.
The Market Capitalisation declined by 0.01% to close at N68.945 trillion from the previous close of N68.953 trillion, thereby shedding N8 billion.
An aggregate of 486 million units of shares were traded in 24,883 deals, valued at N11.38 billion.
The Market Breadth closed positive as 46 equities appreciated in their share prices against 23 equities that declined in their share prices.
Percentage Gainers
Ikeja Hotel and TANTALIZER led other gainers with 10.00% growth each to close at N15.40 and N2.53 respectively.
BETAGLASS, Champion Breweries and Northern Nigerian Flourmills among other gainers also grew their share prices by 9.98%, 9.97% and 9.97% respectively.
Percentage Losers
THE INITIATES PLC led other price decliners, as it shed 10.00% of its share price to close at N6.12 from the previous close of N6.80.
ABC Transport, University Press and FTN Cocoa among other price decliners also shed their share prices by 9.83%, 9.77% and 9.65% respectively.
Volume Drivers
ACCESSCORP traded about 45 million units of its shares in 1738 deals, valued at about N1 billion.
Fidelity Bank traded about 39 million units of its shares in 885 deals, valued at N799.7 million.
GTCO traded about 32 million units of its shares in 946 deals, valued at N2.2 billion.