The Nigerian stock exchange continued to perform well on Friday, as the market capitalization increased by N253 billion, or 0.89 percent, to close at N28.602 trillion, up from N28.349 trillion on Thursday.
Additionally, the All-Share Index (ASI) increased by 463.63 points, or 0.89 percent, to close at 52,512.48 as opposed to the 52,048.85 registered at the previous transaction.
Gains in stocks such MTN Nigeria, Zenith BSNK, and WAPCO, among others, had an impact on the upturn.
The year-to-date (YTD) return increased to 2.46 percent as a result.
With 36 gainers vs 12 losers, the market sentiment as indicated by market breadth was positive.
In terms of percentage gain, Berger Paint, TOTAL, and Linkage Assurance were at the top of the list, closing at N6.60, N212.30, and 44k per share, respectively.
Thomas Wyatt was next, closing at N1.48 per share with a gain of 9.63%.
The share price of Prestige Assurances increased by 9.52 percent to close at $46,000.
Lasaco Assurance, on the other hand, increased the losers’ chart by 10% to close at $99,000 a share.
Chellarams dropped by 9.46 percent to conclude at N1.34 per share, and Computer Warehouse Group fell by 9.52 percent to close at 95k.
Fidson Pharmaceutical lost 4.60 percent to settle at N9.34 per share, while Royal Exchange lost 7.14 percent to close at 91k.
With 4,591 transactions, the overall amount of trades plummeted by 66.96% to 217.16 million units worth N2.55 billion.
Zenith Bank share transactions, totaling 20.31 million shares valued at N517.74 million, topped the list of activities.
United Bank for Aftica (UBA) traded 17.15 million shares valued at N144.39 million, while GTCO exchanged 18.2 million shares worth N499.91 million.
While Transcorp exchanged 11.7 million shares worth N14.06 million, Sterling Bank traded 15.8 million shares worth N24.34 billion.
