The Nigerian Stock Market on Wedesday closed on bearish note as The All Share Index declined by 0.75% to close at 52,209.06 points from the previous close of 52,605.41 points.
Investors lose N216 billion as the Market Capitalisation dropped by 0.75% to close at N28.428 trillion from the previous close of N28.644 trillion.
An aggregate of 554 million units of shares were traded in 5,168 deals, valued at N5.96 billion.
The Market Breadth closed negative as 34 equities emerged as gainers against 20 that declined in their share prices.
Percentage Gainers
ARDOVA led the gainers with 10.00% growth to close at N22.00 and from the previous close of N20.00
NCR, TRANSCORP and JAPAULGOLD above other gainers also grew their share prices by 9.91%, 9.69% and 9.68% respectively.
Percentage Losers
CAVERTON led other price decliners as it shed 9.48% of its share price to close at N1.05 from the previous close of N1.16
Sunu Assurance, BUA Cement and Academy Press among other price decliners also shed their share prices by 9.26%, 8.02% and 7.88% respectively
Volume Drivers
ACCESSCORP traded about 139 million units of its share in 640 deals, valued at N1.47 billion.
FBNH traded 100.75 million units of its shares in 130 deals, valued at about N1.21 billion.
FCMB traded about 80 million units of its shares in 147 deals, valued at N326 million.