Transactions on the floor of the Nigerian Exchange on Wednesday closed on a negative note as the All Share Index depreciated by 0.03% to settle at 39,449.82 points, from the previous close of 39,460.68 points, bringing the year-to-date to -0.03, the month-to-date to 2.16% and the week-to-date to -0.08% respectively.
Investors lost N5billion as Market Capitalization depreciated by 0.03% to close at N20.554trillion from the previous close of N20.559trillion. An aggregate of 198.331million units of shares were traded in 3,336 deals, valued at N1.056billion.
The market breadth closed negative as 17 equities gained while 18 equities declined in their share prices.
Cap Hotel Plc led other gainers with 10% growth to close at N3.19 from the previous close of N2.90.
Eterna oil, Morison and Transcorp Plc amongst other gainers also grew their share prices by 10%, 9.74% and 9.30% respectively.
Academy Plc led other price decliners as it shed 9.76% off its share price to close at N0.37 from the previous close of N0.41.
Pharmadeko, Mutual Benefit Insurance and ABC Transport Plc amongst other losers also shed their share prices by 9.52%, 8.57% and 7.69% respectively.
Sovereign Insurance Plc traded about 48.384million units of its shares in 70 deals, valued at N11.167million.
MutuaI Benefit Insurance Plc traded about 27.092million units of its shares in 48 deals, valued at N8.706Million
Jaiz Bank Plc traded about 10.905million units of its shares in 43 deals, valued at N6.790million.