The Nigerian equity market on Friday closed on a positive note as the All Share Index appreciated further by 0.37% to settle at 25,605.64 points from the previous close of 25,511.02 points on Thursday.
Investors gained N49 billion as Market Capitalisation closed at N13.358 trillion from the previous close of N13.309 trillion.
An aggregate of 419.66 million units of shares were traded in 4,152 deals, valued at N3.79 billion.
Market Breadth
Market Breadth closed positive as 23 equities appreciated in their share prices while 12 equities declined in their share prices.
Percentage Gainers
Law Union & Rocks Insurance led other gainers with 9.71% growth to close at N1.13 from the previous close of N1.03.
AXA Mansard and Red Star Express among other gainers also grew their share prices by 9.58% and 6.58% respectively.
Percentage Losers
Initiates Plc led other price decliners as it shed 9.52% of its share price to close at N0.57 from the previous close of N0.63.
Wapic Insurance and NAHCO among other price decliners also shed their share prices by 5.71% and 4.76% respectively.
Volume Drivers
LASACO traded about 90.6 million units of its shares in 33 deals, valued at about N22.75 million.
Zenith Bank traded about 78.6 million units of its shares in 561 deals, valued at about N1.36 billion.
Access Bank traded 54.48 million units of its shares in 528 deals, valued at about N357.86 million.