The Nigerian stock market declined as the All Share Index closed lower by 0.65% to settle at 27,388.62 points against the previous close of 287,568.91 points on Thursday.
The Market capitalisation also fell by 0.65% to close at N14.268 trillion against the previous close of N14.362 trillion, thereby shedding N94 billion at the close of the last trading day of the week.
Aggregate volume of traded stocks closed at 421.27 million units, down by 13.14% from the previous close of 484.99 million units.
The value of traded stocks in the other hand was up by 54.68%, closing at N5.55 billion away from the previous close of N3.59 billion.
Total number of deals at the close of trade was 4,423, up by 5.64% from the previous close of 4,187 deals.
Market Breadth
The Market Breadth closed negative as 14 stocks gained while 20 stocks declined in their share prices.
Percentage Gainers
Jaiz Bank tops the gainers’ list with 9.52% growth to close at N0.69 from the previous close of N0.63.
Royal Exchange, Live Stock Feeds and Union Bank among other gainers also grew their share prices by 8.70%, 8.06% and 7.04% respectively.
Percentage Losers
Skyway Aviation led the price decliners’ list, shedding 9.97% of its share price to close at N2.62 from the previous close of N2.91.
May & Baker, LAWUNION, Prestige Assurance and Nestle among other price decliners also shed more than 9.00% of their share prices at the close of trade today.
Volume Drivers
Zenith Bank traded about 112 million units of its shares in 1,044 deals, valued at N2.2 billion.
United Capital traded about 64 million units of its shares in 483 deals, valued at N231 million.