Stock market extends decline, Closes lower by 0.33%

The Nigerian stock market on Friday declined further as the All Share Index was down by 0.33% to close at 49,026.62 points from the previous close of 49,190.34 points.

The Market Capitalisation dropped by 0.33% to close at N26.445 trillion from the previous close of N26.533 trillion, thereby adding N88 billion.

An aggregate of 169 million units of shares were traded in 3,206 deals, valued at N3.2 billion.

The Market Breadth closed negative as 11 equities emerged as gainers against 22 equities that declined in their share prices.

Percentage Gainers

VITAFOAM led other gainers with 6.90% growth to close at N22.45 from the previous close of N21.00

RTBRISCOE and ACCESSCORP among other gainers also grew their share prices by 6.06% and 6.02% respectively.

Percentage Losers

CWG led other price decliners as it shed 10.00% of its share price to close at N0.81 from the previous close of N0.90.

Berger Paints and Eterna Oil among other price decliners also shed their share prices by 9.85% and 9.45% respectively.

Volume Drivers

NGXGROUP traded about 24.5 million units of its shares in just 66 deals, valued at N417 million.

Zenith Bank traded about 20.8 million units of its shares in 377 deals, valued at N416.8 million.

Source: Stock market extends decline, Closes lower by 0.33% – StocksWatch (stocksng.com)

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