The Nigerian stock market on Friday closed on a bearish note as the All Share Index depreciated by 0.47% to close at 39,483.08 points from the previous close of 39,670.29 points.
The Market Capitalisation dropped by 0.47% to close at N20.571 trillion from the previous close of N20.669 trillion, there by shedding N98 billion.
An aggregate of 280.57 million units of shares were traded in 4,012 deals, valued at N3.184 billion.
The Market Breadth closed positive as 21 equities appreciated in their share prices against 15 equities that declined in their share prices.
Percentage Gainers
LASACO led other gainers with 10% growth, closing at N1.54 from the previous close of N1.40.
Neimeth, UACN and Pharmadeko among other gainers also grew their share prices by 9.63%, 9.57% and 9.55% respectively.
Percentage Losers
FTN Cocoa led other price decliners as it shed 6.98% of its share price, closing at N0.40 from the previous close of N0.43.
University Press and Cadbury among other price decliners also shed their share prices by 6.20% and 5.03% respectively.
Volume Drivers
Honeywell Flour traded about 57.5 million units of its shares in 590 deals, valued at N185.76 million.
GTCO traded about 42.64 million units of its shares in 220 deals valued at N1.194 billion.
Jaiz Bank traded about 22.43 million units of its shares in 74 deals, valued at N13.26 million.