The Nigerian Exchange on Friday closed on a bullish note, consolidating on the gains of 0.28% and 0.16% recorded last trading days. The All Share Index rose by 0.16% to close at 47,437.48 points from the previous close of 47,363.98 points.
Investors gained N40bn as the Market Capitalisation grew by 0.16% to close at N25.567 trillion from the previous close of N25.527 trillion.
At the close of trade today, an aggregate of 1.15 billion units of shares were traded in 3,928 deals, valued at N7 billion.
The Market Breadth closed firm as 22 equities gained against 22 equities that declined in their share prices.
Percentage Gainers
Niger Insurance Plc led other gainers with 10.00% growth to close at N0.22 from the previous close of N0.20.
RTBRISCOE, UPDC, UACN, Cornerstone and Cornoil above other gainers also grew their share prices by over 5.00%.
Percentage Losers
Royal Exchange led other price decliners as it shed 9.70% of its share price to close at N1.21 from the previous close of N1.34
ELLAHLAKES and PHARMADEKO among other price decliners also shed their share prices by 9.57% and 8.00% respectively
Volume Drivers
FCMB traded about 933 million units of its share in 149 deals, valued at N3.49 billion.
Zenith Bank traded 29.9 million units of its shares in 365 deals, valued at N805.6 million.
Access Bank traded about 22.5 million units of its shares in 208 deals, valued at N227.8 million.