Investors in the Nigerian equities market gained N184 billion at the close of trading on Friday.
This followed the surge in the share prices of stocks such as ZICHIS, Abbey Mortgage Bank Plc and RT Briscoe, among others, on the trading floor.
The benchmark All-Share Index (ASI) increased to 165,370.4 points from the 165,527.31points recorded the previous trading day.
After five hours of trading at the capital market, the equity capitalisation surged to N106.1 trillion from N105.9 trillion posted by the bourse on Thursday.
The market breadth was positive with 33 stocks advancing, 31 stocks declining, and 84 stocks remaining unchanged in 41,553 deals.
A total of 687,386,831shares were traded, valued at N14.9 billion.
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ZICHIS, Abbey Mortgage Bank Plc and RT Briscoe led the gainers’ chart with 9.97%, 9.94% and 9.93% growth each in share prices, respectively, to close at N4.19, N9.40, and N7.86 per share, up from the previous N3.81, N8.55, and N7.15 per share.
Livestock Feeds, Learn Africa, and LivingTrust Microfinance Bank led other price decliners with a 10.00% dip each in share price to close at N6.30, N8.10, and N4.05 per share, down from the previous N7.00, N9.00, and N4.50 per share
On the volume index, Veritas Kapital led trading with 80 million shares in 553 deals, followed by Secure Electronics, which traded 79 million shares in 422 deals.
Deap Capital traded 33 million shares in 1,629 deals.
On the value index, Aradel traded stocks valued at N2.3 billion in 687 deals, followed by Zenith Bank, which traded equities worth N2.1 billion in 1,628 deals.
PZ traded shares valued at N1 billion in 485 deals.
Babajide Okeowo
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