The Nigerian equities market on Thursday closed lower by 0.64% as the All Share Index shed 178.31 points close at 27,864.49 points against the previous close of 28,042.80 points on Wednesday.
Market capitalisation closed at N13.580 trillion, shedding N87 billion from the previous close of N13.667 trillion.
Aggregate volume of traded stocks for the day was 175.36 million units, valued at N2.7 billion in 2,653 deals.
Market Breadth
Market breadth closed negative as 12 stocks gained against 19 stocks that declined in their share prices.
Percentage Gainers
Conoil and Dangote Sugar grew their share prices by 9.76% and 9.22% to close at N20.25 and N11.25 respectively.
Percentage Losers
Berger Paint and International Breweries both shed 10% of their share prices to close at N6.30 and N15.30 respectively.
Volume Drivers
Zenith Bank traded 21.27 million units of its shares in 254 deals, valued at N395 million