The Nigerian Bourse on Friday closed on a negative note as the All Share Index declined further by 0.22% to close at 26,526.35 points against the previous close of 26,584.45 points on Friday.
Market Capitalisation shed 28 billion closing at N12.804 trillion against the previous close of N12.832 trillion. This implies a decline of 0.22% at the close of trade on Friday.
Aggregate volume of traded stocks grew by 12.29% to close at 341.6 million units against the previous close of 304.2 million units of Thursday.
Value of traded stocks declined by 25.74%, to close at N2.34 billion against the previous close of N3.15 billion. Deals grew by 9.63% at the close of trade to settle at 2,949 deals away from the previous close of 2,690 deals.
Market Breadth
The market Breadth closed negative as 13 stocks gained while 23 stocks declined in their share prices.
Percentage Gainers
Nigerian Breweries led other gainers with 9.96% growth to close at N57.95 from the previous close of N52.70.
Unilever, Unity Bank and FCMB among other gainers also grew their share prices by 9.49%, 7.46% and 5.56% respectively.
Percentage Losers
PZ tops the price decliners’ list shedding 10% of its share price to close at N5.40 from the previous close of N6.00.
Guinness Nigeria and Dangote Sugar both shed their share prices by 9.97% to close at N32.05 and 14.90 respectively.
Volume Drivers
Zenith Bank traded about 23.85 million units of its shares in 401 deals, valued at about N440 million.
Guaranty Trust Bank traded about 22.99 million units of its shares in 157 deals, valued at about N680 million.