Trading activities on the floor of the Nigerian Stock Exchange on Thursday closed in red as the All Share Index dropped further by 1.89% to close at 30,557.20 points from the previous close of 31,145.34 points on Wednesday.
Market capitalisation closed at N11.395 trillion, declining by 1.89 % from the previous close of N11.614 trillion on Wednesday.
Volume and value of traded stocks grew by 39.98% and 11.83% to close at 394.3 million units and N3.49 billion respectively.
Market Breadth
Market breadth closed negative as 10 stocks gained while 32 stocks declined.
Percentage Gainers
MCNICHOLS and Sunu Assurance with 10.00% growth led other percentage gainers to close at N0.33 and N0.22 respectively.
Learn Africa and Vitafoam grew 8.73% and 6.67% respectively of their shares prices among other gainers of the day.
Percentage Losers
Red Star Express tops the losers’ chart, shedding 9.09% of their share prices to close at N5.0 from the previous close of N5.50.
First Aluminum and Niger Insurance among other price decliners also shed 8.57% and 8.33% respectively.
Volume Drivers
- UBA traded about 123.7 million units of its shares in 677 deals, valued at N859.28 million