Transactions on the floor of the Nigerian Exchange on Wednesday closed on a positive note as the All Share Index appreciated by 0.30% to settle at 47,367.31 points, from the previous close of 47,205.03 points, bringing the year-to-date to 1.20%, the month-to-date to -0.40% and the week-to-date to 1.51% respectively.
Investors gained N88Billion as market capitalisation appreciated by 0.35% to close at N25.536trillion from the previous close of N25.448trillion. An aggregate of 391.889Million units of shares were traded in 5,419 deals valued at N9.951Billion.
Market Breadth:
The market breadth closed positive as 31 equities gained while 16 equities declined in their share prices.
Percentage Gainers:
Meyer Plc led other gainers with 9.60% growth to close at N1.49 from the previous close of N1.36.
Ikejahotel, Caverton and UBN Plc amongst other gainers also grew their share prices by 9.20%, 6.80% and 6.60% respectively.
Percentage Losers:
Sunuassur Plc led other price decliners as it shed 7.70% off its share price to close at N0.39 from the previous close of N0.36.
Sterlnbank, Unilevel and Wapic Plc amongst other losers also shed their share prices by 6.0%, 4.50% and 4.40% respectively.
Volume Drivers:
GTCO Plc traded about 65.886mIllion units of its shares in 809 deals, valued at N1.607trillion.
Zenith Bank Plc traded about 43.914million units of its shares in 525 deals, valued at N1.102trillion.
Sterling Bank Plc traded about 28.917million units of its shares in 228 deals, valued at N237.123Million.