Market capitalisation appreciated by N15 billion to close at N10.71 trillion.
The market indices of the Nigerian Stock Exchange (NSE) on Friday increased marginally after three consecutive days of decline.
The two indicators increased by 0.14 per cent as a result of marginal gains posted by some blue chips. Consequently, the All-Share Index rose by 47.38 points to close at 33,514.14 against the 33,466.76 posted on Thursday. Also, the market capitalisation appreciated by N15 billion to close at N10.71 trillion from the N10.69 trillion recorded on Thursday.
Unilever recorded the highest price gain of 75k to close at N52.79 per share. GTBank came second on the gainers’ table, appreciating by 70k to close at N22.49, while NAHCO rose by 55k to close at N6.13 per share. Forte Oil rose by 49k to close at N14.14, while FBN Holding grew by 31k to close at N18.83 per share.
Conversely, Nigerian Breweries topped the losers’ chart, losing N2.05 to close at N162 per share. It was followed by Okomu Oil Palm with a loss of N2 to close at N104, while Mobil Oil lost N1.50 to close at N121.50 per share. Guinness dipped by N1 to close at N261, while Lafarge Wapco lost 90k to close at N83 per share.
ETI drove the volume of shares traded, accounting for 53.31 million shares worth N820.11 million. Zenith Bank followed on the activity chart with 38.29 million shares valued at N832.82 million, while Access Bank accounted for 32.45 million shares worth N285.29 million.
In all, investors staked N4.52 billion on 340.24 million shares in 5,924 deals against the 375.91million shares valued at N4.79 billion exchanged in 6,673 deals on Thursday, a decrease of 9.49 per cent
Support PREMIUM TIMES' journalism of integrity and credibility
Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.
By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.
TEXT AD: To advertise here . Call Willie +2347088095401...