The stock market on Thursday closed on a bearish note, occasioned by profit taking in MTN Nigeria and 9 other stocks.
The All Share Index declined by 0.13% to close at 48,365.14 points from the previous close of 48,426.49 points.
The Market Capitalisation closed at N26.343 trillion, down by 0.13% from the previous close of N26.377 trillion, thereby shedding N34 billion.
An aggregate of 148 million units of shares were traded in 3,391 deals, valued at N2.98 billion.
The Market Breadth closed positive as 15 equities emerged as gainers against 10 equities that declined in their share prices.
Percentage Gainers
CHAMS Plc led other gainers with 9.09% growth, closing at N0.24 from N0.22 it closed last session.
RTBRISCOE and PZ among other gainers also grew their share prices by 7.69% and 5.50% respectively.
Percentage Losers
Cap Hotel led other price decliners, shedding 9.80% of its share price to close at N2.76 from the previous close of N3.06.
Honeywell Flour, WAPIC and ABC Transport dropped their share prices by 9.09%, 8.11% and 7.41% respectively.
Volume Drivers
Ecobank traded about 26 million units of its shares in 52 deals, valued at N281.9 million.
FBNH traded about 25.8 million units of its shares in 114 deals, valued at N278 million.
ACCESSCORP traded about 9.6 million units of its shares in 129 deals, valued at N81.7 million.