It was a bearish session on the floor of the Nigerian stock market on Tuesday as the All Share Index declined by 0.51% to close at 106,904.25 points against the previous close of 107,455.13 points on Tuesday.
The market capitalisation closed at N66.943 trillion, down by 0.51% from N67.288 trillion recorded in the last session.
Aggregate volume of traded stock stands at 395 million units in 13,967 deals, valued at N8.76 billion.
Market Breadth
The market breadth closed negative as 17 stocks gained against 44 that declined in their share prices.
Percentage Gainers
UHOMREIT with 10.00% growth led the gainers to close at N48.65 from 44.25 previously recorded
Nem Insurance and Ikeja Hotel among other gainers also grew their share prices by 8.78% and 8.72% respectively.
Percentage Loser
ETERNA, TRANSCORP, Dangote Sugar, DEAPCAP and Guinea Insurance shed 10.00% each of their share prices to top the losers’ chart ahead of Champion Breweries, Ecobank and May and Baker which dropped in share value by 9.93%,9.79% and 9.76% respectively.
Volume Drivers
UCAP traded about 41 million units of its shares in 825 deals, valued at about N733 million.
Zenith Bank traded about 26 million units of its shares in 785 deals, valued at about N1.2 billion.