The Nigerian stock market on Thursday closed on a negative note, occasioned by profit taking by investors.
The All Share Index declined by 0.36% to close at 43,549.28 points from the previous close of 43,707.30 points.
The Market Capitalisation declined by 0.36% to close at N22.727 trillion from the previous close of N22.809 trillion, thereby shedding N82 billion.
An aggregate of 161.31 million units of shares were traded in 3,574 deals, valued at N2.14 billion.
The Market Breadth closed negative as 12 equities emerged as gainers against 19 equities that declined in their share prices.
Percentage Gainers
Unity Bank led other gainers with 7.27% growth, closing at N0.59 from the previous close of N0.55.
FTN Cocoa and Universal Insurance among other gainers also grew there share prices by 5.00% and 4.76% respectively.
Percentage Losers
Cornerstone Insurance led other price decliners as it sheds 8.77% of its share price to close at N0.52 from the previous close of N0.57.
Cutix Plc among other price decliners also shed its share price by 8.06% to close at N5.70 from the previous close N6.20.
Volume Drivers
FBNH traded about 28.16 million units of its shares in 256 deals, valued at N322.07 million.
Transcorp traded about 23.51 million units of its shares in 103 deals, valued at N23.51 million.
Zenith Bank traded about 12.52 million units of its shares in 354 deals, valued at N301.2 million.