The Nigerian equities market on Thursday closed positive making it nine straight sessions of gains as the All Share Index rose further by 0.87% to settle at 24,354.25 points from the previous close of 24,143.37 points on Wednesday.
Investors gain N110 billion as the market capitalisation grew by 0.87% to close at N12.692 trillion from the previous close of N12.582 trillion.
Aggregate volume of traded stocks closed at 431.58 million units, appreciated by 1.16% from the previous close of 426.64 million units.
The value of traded stocks was N5.26 billion, grew by 28.24% from the previous close of N4.10 billion.
Total number of deals at the close of trade was 5,860; down by 20.64% from the previous close of 7,384 deals.
Market Breadth
The market breadth closed positive as 21 equities appreciated in their share prices while 20 equities declined in their share prices.
Percentage Gainers
Royal Exchange led other percentage gainers with 10.00% growth, closing at N0.22 from the previous close of N0.20
University Press, CONOIL and ARDOVA among other gainers also grew their share prices by 9.80%, 9.77% and 9.68% respectively.
Percentage Losers
Linkage Assurance led other percentage price losers, shedding 8.33% of its share price to close at N0.44 from the previous close of N0.48.
Red Star Express, African Prudential and Sterling Bank among other price decliners also shed their share prices by 5.0%0, 4.63% and 4.55% respectively.
Volume Drivers
FBNH traded about 115 million units of its shares in 384deals, valued at N543 million.
Zenith Bank traded about 75 million units of its shares in 867 deals, worth about N1.139 billion.
Guaranty traded about 54 million units of its shares in 534 deals, valued N1.221 billion.