The Nigerian equities market on Wednesday extends Its downward trend as the All Share Index closed lower, down by 0.37% to settle at 27,718.26 points against the previous close of 27,820.57 points on Tuesday.
The market capitalisation closed at N13.508 trillion, shedding N64 billion from the previous close of N13.588 trillion
Aggregate volume closed at 251 million units, valued at N4.1 billion in 3,937 deals.
Market Breadth
The market breadth closed balanced as 20 stocks gained same as 20 that declined in their share prices.
Percentage Gainers
Julius Berger with 9.87% growth led other gainers to close at N20.60 from the previous close of N18.65.
Forte Oil and Mutual Benefit among other gainers also grew their share prices by 9.17% and 9.09% respectively.
Percentage Losers
University Press, Berger Paints and Dangote Sugar among others shed their share prices by 10.00%, 9.52% and 9.26% respectively.
Volume Drivers
Zenith Bank traded about 39 million units of its shares in 391 deals, valued at N718 million.