Transactions on the floor of the Nigerian Stocks Exchange closed on Thursday closed on a negative note as the All Share Index declined by 0.90% to settle at 24,374.40 points from the previous close of 24,595.05 points on Wednesday.
Market Capitalisation closed at N12.715 trillion, down by 0.90% from the previous close of N12.830 trillion, thereby shedding N115 billion.
An aggregate of 180 million units of shares were traded in 3,889 deals, valued at N1.85 billion.
Market Breadth
The market Breadth closed negative as 7 equities appreciated in their share prices and 26 equities declined in their share prices.
Percentage Gainers
Neimeth Pharmaceuticals led other percentage gainers with 9.40% growth, closing at N1.63 from the previous close of N1.49.
Jaiz Bank and Unity Bank among other gainers also grew their share prices by 7.27% and 6.38% respectively.
Percentage Losers
Capital Hotel and Glaxosmith led other price decliners, shedding 10% of their share prices to close at N2.43 and N4.95 respectively.
Unilever, C&I Leasing and Sterling Bank among other price decliners also shed their share prices by 9.80%, 9.78% and 9.49% respectively.
Volume Drivers
- UBA traded 23.93 million units of its shares in 142 deals, valued at N153 million.
- First Bank of Nigeria Holdings traded 21.57 million units of its shares in 198 deals, valued at N110.47 million.
- Guaranty Trust Bank traded 21.09 million units of its shares in 341 deals, valued at N446 million.