Nigerian stock market on Wednesday declined by 0.04%, halting thirteen straight sessions of rally as 28 stocks shed weight
The All Share Index was down by 0.04% to close at 147,742.22 points from the previous close of 147,806.62 points.
The Market Capitalisation declined by 0.04% to close at N93.776 trillion from the previous close of N93.817 trillion, thereby shedding N41 billion.
An aggregate of 389 million units of shares were traded in 23,017 deals, valued at N12.5 billion.
The Market Breadth closed positive as 33 equities emerged as gainers against 29 equities that declined in their share prices.
Percentage Gainers
SFSREIT led other gainers with 9.88% growth to close at N418.75 from the previous close of 381.10.
Royal Exchange, International Energy Insurance and Julius Berger among other gainers also grew their share prices by 7.37%, 6.05% and 5.51% respectively.
Percentage Losers
TRIPPLEG led other price decliners as it shed 9.91% of its share price to close at N4.91 from the previous close of N5.45.
IMG and UACN among other price decliners also shed their share prices by 9.87% and 6.46% respectively.
Volume Drivers
Fidelity Bank traded about 47 million units of its shares in 514 deals, valued at N942 million.
CHAMS traded about 24 million units of its shares in 537 deals, valued at N101 million.
Zenith Bank traded about 21 million units of its shares in 1013 deals, valued at N1.4 billion.