Nigerian stock market on Thursday declined as 39 stocks closed the day lower
The All Share Index dropped by 0.52% to close at 165,397.37 points from the previous close of 166,267.60 points.
The Market Capitalisation fell by 0.52% to close at N105.886 trillion from the previous close of N106.443 trillion, thereby shedding N72 billion.
An aggregate of 768 million units of shares were traded in 46,481 deals, valued at N21 billion.
The Market Breadth closed negative as 37 equities emerged as gainers against 39 equities that declined in their share prices.
Percentage Gainers
UHOMREIT, Infinity Trust, JOHNHOLT and NCR led other gainers with 10.00% growth each to close above their previous closes.
DEAPCAP, AUSTINLAZ and RTBRISCOE also grew their share prices by 9.97%, 9.95% and 9.90% respectively.
Percentage Losers
0MATEK led other price decliners as they shed 9.40% of it share price to close at N2.12 from the previous close of N2.34.
International Energy Insurance and International Breweries among other price decliners also shed their share prices by 6.06% and 6.00% respectively.
Volume Drivers
ACCESSCORP traded about 54 million units of its shares in 2084 deals, valued at N1.2 billion.
DEAPCAP traded about 51 million units of its shares in 960 deals, valued at N299.5 million.
TANTALIZER traded about 42 million units of its shares in 1091 deals, valued at N169.5 million.