Transactions on the floor of the Nigerian Exchange on Wednesday closed on a positive note, driven by 8.84% growth in the share price of Dangote Cement and few other stock that made the green table on Wednesday.
The All Share Index rose by 1.01% to close at 44,283.02 points from the previous close of 43,839.08 points.
The Market Capitalisation appreciated by 1.17% to close at N24.120 trillion from the previous close of N23.840 trillion, thereby gaining N280 billion.
An aggregate of 155 million units of shares were traded in 3,796 deals, valued at N1.5 billion.
The Market Breadth closed negative as 9 equities appreciated in their share prices against 23 equities that declined in their share prices.
Percentage Gainers
Dangote Cement led other gainers with 8.84% growth to close at N240.00 from the previous close of N220.50.
CHAMS and WAPIC among other gainers also grew their share prices by 4.35% and 2.86% respectively.
Percentage Losers
MRS led other price decliners as it shed 9.65% of its share price to close at N11.70 from the previous close of N12.95.
Transnational Express and UPDCREIT among other price decliners also shed their share prices by 9.33% and 8.33% respectively.
Volume Drivers
Sterling Bank traded about 24 million units of its shares in 175 deals, valued at about N33 billion.
ACCESSCORP traded about 23.5 million units of its shares in 264 deals, valued at N185.6 million.
FBNH traded about 14 million units of its shares in 140 deals, valued at about N141 million.