The Nigerian equities market on Thursday closed on a negative note as the All Share Index dropped by 1.36% to settle at 22,470.79 points from the previous close of 22,780.30 points Wednesday.
Market Capitalisation likewise declined by 1.36% to close at N11.711 trillion from the previous close of N11.872 trillion.
Aggregate volume of traded stocks closed at 201.48 million, up by 8.19% from the previous close of 186.23 million units.
The value of traded stocks was N3.36 billion, up by 81.25% from the previous close of N1.85 billion.
Total number of deals at the close of trade was 3,381, down by 1.89% from the previous close of 3,446 deals.
Market Breadth
The market breadth closed positive as 17 equities gained while 15 equities declined in their share prices.
Percentage Gainers
Jaiz Bank led other percentage gainers with 10% growth, closing at N0.55 from the previous close of N0.50.
Cadbury grew its share price by 9.52% to close at N6.90 from the previous close of N6.30.
United Capital and Wema Bank among other gainers both grew thier share prices by 9.09% respectively.
Percentage Losers
Ecobank Transnational Incorporated and UACN both led other price decliners, shedding 10% of their share prices to close at N4.50 and N6.75 respectively.
Linkage Assurance and Skyway Aviation among other price decliners also shed their share prices by 8.62% and 7.22% respectively.
Volume Drivers
Access Bank traded about 46.81 million units of its share in 150 deals, valued at N297.34 million.
First Bank of Nigeria Holdings ( FBNH) traded about 32.64 million units of its shares in 276 deals, valued at N141 million.
Zenith Bank traded about 19.38 million units of its shares in 399 deals, valued at N268.43 million.