Wednesday’s trading activities on the floor of the Nigerian stock market closed bearish again as the All Share Index declined by 0.08% to close at 99,840.95 points from the previous close of 99,925.29 points.
The Market Capitalisation declined by 0.08% to close at N56.479 trillion from the previous close of N56.527 trillion, thereby shedding N48 billion.
An aggregate of 1.38 million units of shares were traded in 9,899 deals, valued at about N16.48 billion.
The Market Breadth closed positive as 40 equities emerged as gainers against 15 equities that declined in their share prices.
Percentage Gainers
University Press led other gainers with 10.00% growth to close at N2.75 from the previous close of 2.50.
GUINNESS, Champion Breweries and Honeywell Flour among other gainers also grew their share prices by 9.86%0, 9.83% and 9.52% respectively.
Percentage Losers
CAVERTON led other price decliners as it shed 9.62% of its share price to close at N3.97 from the previous close of N4.41.
Okomu Oil and University Press among other price decliners also shed their share prices by 9.96% and 9.91% respectively.
Volume Drivers
FBNH traded about 38.97 million units of its shares in 73 deals, valued at N431.9 million.
UBA traded about 13 million units of its shares in 146 deals, valued at N91 million.
ACCESSCORP traded about 10 million units of its shares in 215 deals, valued at N84 million.