Transactions on the floor of the Nigerian Exchange on Wedneday closed on a negative note as the All Share Index depreciated by 0.05% to settle at 43,707.30points, from the previous close of 43,732.37points, bringing the year-to-date to 10.33%, the month-to-date to 11.90% and the week-to-date to 4% respectively.
Investors lost 12Billion as Market Capitalization depreciated by 0.05% to close at N22.809trillion from the previous close of N22.821trillion. An aggregate of 270,702million units of shares were traded in 3,861deals, valued at N5,627Million.
Market Breadth:
The market breadth closed negative as 18 equities gained while 19 equities declined in their share prices.
Percentage Gainers:
Neimeth Plc led other gainers with 10% growth to close at N1.98 from the previous close of N1.80.
Chams, Mutual Benefit Insurance and Honeywell Flour Plc amongst other gainers also grew their share prices by 9.09%, 8.00% and 6.95% respectively.
Percentage Losers:
Redstar Express Plc led other price decliners as it shed 9.86% off its share price to close at N3.29 from the previous close of N3.65..
Pharmadeko, ABC Transport, FTN Cocoa Plc amongst other losers also shed their share prices by 9.83%, 9.09% and 9.09% respectively.
Volume Drivers:
Flourmill Plc traded about 50.590million units of its shares in 54 deals, valued at N1.474Billion.
Transport Plc traded about 38.920million units of its shares in 120 deals, valued at N39.249Million.
First Bank Plc traded about 21.493million units of its shares in 199 deals, valued at N243.681Million.