Transactions on the floor of the Nigerian Exchange on Thursday closed on a bearish note as profit taking persist by investors.
The All Share Index declined by 0.51% to close at 42,247.98 points from the previous close of 42,463.16 points.
The Market Capitalisation declined by 0.51% to close at N22.045 trillion from the previous close of N22.157 trillion, thereby shedding N112 billion.
An aggregate of 324 million units of shares were traded in 4,706 deals, valued at N5.29 billion.
The Market Breadth closed negative as 17 equities emerged as gainers against 34 equities that declined in their share prices.
Percentage Gainers
Meyer Plc led other gainers with 10% growth to close at N0.22 from the previous close of N0.20.
NEM Insurance and Royal Exchange among other gainers also grew there share prices by 7.33% and 5.88% respectively.
Percentage Losers
BOC Gases led other price decliners as it shed 10% of its share price to close at N9.45 from the previous close of N10.50.
UPDC and Trans Nation-wide Express among other price decliners also shed 9.09% and 8.99% of their share prices respectively.
Volume Drivers
First Bank of Nigeria Holdings traded about 113.36 million units of its shares in 293 deals, valued at N1.346 billion.
GTCO traded about 33.48 million units of its shares in 453 deals, valued at N821.13 million.
Access Bank traded about 18.96 million units of its shares in 203 deals, valued at N170.67 million.