Trading activities on the floor of the Nigeria Stock Exchange closed lower on Thursday, bringing the market to its third straight loss for the week as the All Share Index declined 0.09% closing at 32,423.57 points as against the previous close of 32,454.03 points.
Market capitalisation also fell by 0.09% closing at N11.837 trillion, as against N11.848 trillion of the previous trading session implying a loss of N11 billion
Volume and value of traded stocks appreciated by 10.69% and 7.82%, to stand at 151 million units and N1.5 billion respectively.
Market Breadth
19 stocks closed positive while 18 stocks lost, bringing the market breadth to a positive round off.
Percentage Gainers
CUTIX PLC led other price percentage gainers closing 10.00% above the previous close of N4.30, to settle at N4.73
Sovereign Trust Insurance grew 9.09%, while A.G. Leventis and CCNN gained 8.11% and 7.76% of their share prices respectively.
Percentage Losers
Niger Insurance tops the losers’ table, Shedding 9.68% of its share price. This is followed by NEIMETH and Royal Exchange both losing 9.23% and 9.09% respectively, among other stocks on the losers’ table.
Volume Drivers
FCMB recorded the highest volume of traded stocks on Thursday, trading about 28.9 million units of its shares in 202 deals, valued at N49.8 million.
Guaranty traded about 18 million units in 123 deals, worth about N671 million.