The equity market on Wednesday closed on a positive note, assisted by gain in the share price of Dangote Cement by 1.41%.
The All Share Index appreciated by 0.18% to settle at 38,482.52 points from the previous close of 38,414.37 points.
Investors gained N36 billion as Market Capitalization grew by 0.18% to close at N20.058 trillion from the previous close of N20.022 trillion.
An aggregate of 156.9 million units of shares were traded in 3,273 deals, valued at N1.329 billion.
The Market Breadth closed negative as 15 equities appreciated in their share prices against 20 equities that declined in their share prices.
Percentage Gainers
- University Press led other gainers with 9.37% growth to close at N1.40 from the previous close of N1.28.
- Regency Assurance and Veritas Kapital Assurance among other gainers also grew their share prices by 8.16% and 5.00% respectively.
Percentage Losers
- CWG led other price decliners as it shed 9.66% of its share price to close at N1.87 from the previous close of N2.07.
- Ikeja Hotel, NASCON and John Holts among other price decliners also shed their share prices by 9.09%, 8.78% and 8.62% respectively.
Volume Drivers
- Japaul Gold traded about 19.95 million units of its shares in 74 deals, valued at about N11.4 million.
- FBNH traded about 12.22 million units of its shares in 118 deals, valued at N87.89 million.
- Transcorp Plc traded about 11.84 million units of its shares in 54 deals, valued at N10.45 million.