The Nigerian stock market on Thursday closed on a positive note assisted by 2.56% gain in the share price of MTN.
The All Share Index appreciated by 0.32% to close at 39,670.29 points from the previous close of 39,545.67 points.
Investors gained N65 billion as Market Capitalisation grew by 0.32% to close at N20.669 trillion from the previous close of N20.604 trillion.
An aggregate of 201.84 million units of shares were traded in 3,274 deals, valued at N1.68 billion.
The Market Breadth closed positive as 23 equities appreciated in their share prices against 16 equities that declined in their share prices.
Percentage Gainers
Neimeth and NAHCO led other gainers as they both grew their share prices by 10% to close at N1.87 and N2.97 respectively.
Honeywell Flour and BOC Gases among other gainers also grew their share prices by 9.96% and 9.90% respectively.
Percentage Losers
Nigerian Breweries led other price decliners as it shed 8.77% of its share price, closing at N52 from the previous close of N57.
Consolidated Hallmark Insurance and Sovereign Trust Insurance among other price decliners also shed their share prices by 8.77% and 6.67% respectively.
Volume Drivers
Courtville Business Solution traded about 34.83 million units of its shares in 46 deals, valued at N10 million.
Ecobank traded about 18.68 million units of its shares in 62 deals valued at N102.12 million.
Transcorp traded about 12.78 million units of its shares in 103 deals, valued at N12.47 million.