Activities on the floor of Nigerian Exchange on Wednesday grew further as the All-Share Index closed 0.21% higher to settle at 201,703.55 compared to 201,287.78 recorded on Tuesday.
The market capitalisation rose by N599 billion or 0.46% to close at N129.809 trillion from N129.210 trillion recorded in the last session.
Aggregate volume and value of traded stocks settled at 815 million units and N33.3 billion in 52,641 deals.
Market Breadth
Market Breadth closed negative as 22 stocks gained against 41 stocks that declined in their share prices at the end of the day’s trading
Percentage Gainers
UPDCREIT led the gainers chart with 10.00% growth to close at N7.70 from N7.00.
International Energy Insurance, RTBRISCOE, and Mutual Benefits also made it to the green table, gaining 9.91%, 8.81% and 7.58% respectively.
Percentage Loser
OMATEK and NESTLE top the price decliners’ list, shedding 10.00% each of their share prices to close at 1.98 and N3055.50 from N2.20 and N3395.00 respectively.
FTN Cocoa, CHAMS and May & Baker shed 9.97%, 9.79% and 9.74% respectively, ahead of other price decliners.
Volume Drivers
Wema Bank traded about 78 million units of its shares in 652 deals, valued at about N2 billion.
GTCO traded about 74 million units of its shares in 4223 deals, valued at about N9 billion.
ACCESSCORP traded about 63 million units of its shares in 1843 deals, valued at about N1.6 billion.