Nigerian Bourse sheds N81bn, closes 0.59% lower

Trading activities on the floor of the Nigerian Stock Exchange on Friday closed in red as the All Share Index declined by 0.59% to close at 31,069.37 points against the previous close of 31,254.19 points on Thursday.

Market capitalisation closed at N13.685 trillion, shedding N81bn from the previous close of N13.766 trillion.

 

Aggregate volume of traded stocks closed at 212.94 million units, valued at N2.73bn in 3,737 deals.

 

Market Breadth

The market breadth closed negative as 13 stocks gained while 23 stocks declined in their share prices.

Percentage Gainers

 

AXA Mansard Insurance with 10% growth led 12 other gainers to close at N1.98 from the previous close of N1.80.

Learn Africa, Cement Company of Northern Nigeria (CCNN) and Dangote Flour also gained 9.84%, 7.14% and 5.31% respectively.

Percentage Losers

Oando, Champions Breweries, WAPCO and UBA among other price decliners shed 9.68%, 8.18%, 5.61% and 5.30% of their share prices respectively.

Volume Drivers

Guaranty Trust Bank traded about 25.63 million units of its share price in 207 deals, valued at N814.3 million.

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