Investors in the Nigerian equities market gained N73 billion at the close of trading on Friday.
This followed the surge in the share prices of stocks such as Morison, UHOMREIT, and SCOA, among others on the trading floor.
The benchmark All-Share Index (ASI) increased to 165,512.18 points from the 165,397.37 points recorded the previous trading day.
After five hours of trading at the capital market, the equity capitalisation fell to N105.9 trillion from N105.8 trillion posted by the bourse on Thursday.
The market breadth was negative with 33 stocks advancing, 39 stocks declining, and 76 stocks remaining unchanged in 44,005 deals.
A total of 731,668,244 shares were traded, valued at N19 billion.
Morison, UHOMREIT, and SCOA led the gainers’ chart with 9.94%, 9.94% and 9.93% growth each in share prices, respectively, to close at N7.52, N71.35, and N23.80 per share, up from the previous N6.84, N64.90, and N21.65 per share.
Neimeth, Secure Electronics, and Eterna led other price decliners with a 9.86%, 9.35%, and 8.23% dip each in share price to close at N13.25, N0.97, and N28.45 per share, down from the previous N14.70, N1.07, and N31.00 per share
On the volume index, Chams led trading with 76 million shares in 1,149 deals, followed by Secure Electronics, which traded 67 million shares in 454 deals.
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Zenith Bank traded 49 million shares in 1,695 deals.
On the value index, Zenith Bank traded stocks valued at N3.4 billion in 1,695 deals, followed by Seplat, which traded equities worth N1.7 billion in 382 deals.
Wapco traded shares valued at N1.5 billion in 609 deals.
Babajide Okeowo
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