Trading of equities on the floor of the Nigerian Exchange on Wednesday, closed on a negative note, occasioned by drop in the share price a MTN.
The All Share Index declined by 0.09% to settle at 71,003.98 points from the previous close of 71,066.55. Market Capitalisation closed at N39.048 trillion. Year-to-date to the stock market has returned 38.54%.
An aggregate of 428 million units of shares was traded in 6,677 deals valued at N7.373 billion
Market Breadth
The market breadth closed positive as 36 equities gained while 15 equities declined in share prices.
Percentage Gainers
Daar Communications Plc, R.T. Briscoe and Unity Bank led other gainers with 10% growth each to close at N0.33, N0.66 and N1.54 respectively.
Mecure Industries, Multiverse Mining and Exploration and Secure Electronic Technology Plc amongst other gainers also grew their share prices by 9.96%, 9.82% and 9.52% respectively.
Percentage Losers
C&I Leasing Plc led other price decliners as it shed 7.56% of its share price to close at N5.26 from its previous close of N5.69.
Prestige Assurance, International Breweries and UPDC REIT Plc amongst other losers also shed their share prices by 7.55%, 5.56% and 4.60% respectively.
Volume Drivers
Veritas Kapita Assurance Plc traded about 62.079million units of its shares in 125 deals, valued at N22.865million
Unity Bank Plc traded about 38.686million units of its shares in 223 deals, valued at N59.406million.
Guaranty Trust Holding (GTCO) Plc traded about 33.873 million units of its shares in 321 deals, valued at 1.284billion