The Nigerian stock market on Friday closed on a positive note as the All Share Index rose by 0.57% to settle at 22,599.38 points from the previous close of 22,470.79 points on Thursday.
Market Capitalisation grew by 0.57% to close at N11.778 trillion from the previous close of N11.711 trillion, thereby gaining N67 billion.
Aggregate volume of traded stocks closed at 211.62 million units, up by 5.04% from the previous close of 201.48 million units.
The value of traded stocks was N2.23 billion, down by 33.47% from the previous close of N3.36 billion.
Total number of deals at the close of trade was 3,957, up by 17.04% from the previous close of 3,381 deals.
Market Breadth
The market breadth closed positive as 16 equities appreciated in their share prices while 14 equities declined in their share prices.
Percentage Gainers
Caverton led other percentage gainers with 9.78% growth, closing at N2.47 from the previous close of N2.25.
UPDC Real Estate Investment Trust, University Press and Cadbury among other gainers also grew their share prices by 9.68%, 9.38% and 7.97% respectively.
Percentage Losers
CAP Plc led other price decliners, shedding 9.91% of its share price to close at N20.90 from the previous close of N23.20
UAC Properties, Skyway Aviation and d C&I Leasing among other price decliners also shed their share prices by 9.76%, 8.98% and 8.93% respectively.
Volume Drivers
Guaranty Trust Bank traded about 51.4 million units of its shares in 518 deals, valued at N977.59 million.
First Bank of Nigeria Holdings ( FBNH) traded about 25.72 million units of its shares in 296 deals, valued at N111.97 million.
Access Bank traded about 22.51 million units of its shares in 172 deals, valued at N140.62 million.