Stock market returns -0.01% amidst sell offs and buy interests

The Nigerian stock market on Thursday closed on a negative note as the All Share Index declined marginally by 0.01% to close at 47,102.64 points from the previous close of 47,109.25 points.

The Market Capitalisation closed flat at N25.386 trillion from the previous close of N25.385 trillion.

An aggregate of 357.76 million units of shares were traded in 4,251 deals, valued at N6.48 billion.

Market Breadth

The market breadth closed positive as 32 equities appreciated in their share prices against 17 equities that declined in their share prices.

Percentage Gainers

RT Briscoe and Northern Nigerian Flour Mills led other gainers with 10% growth to close at N0.55 and N9.9 respectively.

Honeywell Flour and SCOA among other gainers also grew their share prices by 9.91% and 9.74% respectively.

Percentage Losers

CWG led other price decliners as it shed 9.76% of its share price to close at N1.11 from the previous close of N1.23.

Champion Breweries and LASACO among other price decliners also shed their share prices by 8.89% and 7.08% respectively.

Volume Drivers

GTCO traded about 130 million units of its shares in 270 deals, valued at N3.42 billion.

UCAP traded 30.27 million units of its shares in 152 deals, valued at N333.4 million.

Fidelity Bank traded about 26.5 million units of its shares in 202 deals, valued at 79 million.

Source: Stock market returns -0.01% amidst sell offs and buy interests – StocksWatch (

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