Transactions on the floor of the Nigerian Exchange on Wednesday closed on a negative note as the All Share Index depreciated by 1.08% to settle at 41,807.10 points, from the previous close of 42,265.99 points, bringing the year-to-date to 4.12%, the month-to-date to 7.24% and the week-to-date to 1.08% respectively.
Investors lost N238Billion as Market Capitalization depreciated by 1.08 to close at N21.822trillion from the previous close of N22.060trillion. An aggregate of 180.182million units of shares were traded in 3,828 deals, valued at N1.481Million.
The market breadth closed positive as 17 equities gained while 16 equities declined in their share prices.
Union Bank Plc led other gainers with 9.91% growth to close at N6.10 from the previous close of N5.55.
Royal Exchange Assurance, Sovereign Insurance Livestock Plc amongst other gainers also grew their share prices by 9.09%, 7.69% and 6.86 respectively.
BUA Cement Plc led other price decliners as it shed 10% off its share price to close at N67.05 from the previous close of N74.50.
May Baker, PZ and Jaiz Bank Plc amongst other losers also shed their share prices by 9.98%, 8.96% and 8.06% respectively.
Jaiz Bank Plc traded about 17.652million units of its shares in 89 deals, valued at N10.534million.
UBN Plc traded about 16.801million units of its shares in 296 deals, valued at N101.826million.
UACN Bank Plc traded about 12.884million units of its shares in 28 deals, valued at N123.517.