Wole Olajide
The Nigerian equities market on Friday closed on a positive note as the All Share Index rose further by 0.62% to close at 27,800.17 points from the previous close of 27,629.66 points on Thursday.
Market capitalisation closed at N13.524 trillion, gaining N82 billion from the previous close of N13.442 trillion.
Aggregate volume of traded stocks closed at 1.24 billion units, valued at N3.29 billion in 3,644 deals.
Market Breadth
The market breadth closed positive as 24 stocks gained, while 11 stocks declined in their share prices.
Percentage Gainers
May & Baker with 9.95% growth led 23 others on the gainers’ list to close at N2.10 from the previous close of N1.91.
Cutix Plc, Unilever and C&I Leasing among other gainers also grew their share prices by 9.93, 9.07% and 8.96% respectively.
Percentage Losers
Tripple Gee and Company Plc led 10 other price decliners, shedding 10% of its share price to close at N0.63 from the previous close of N0.70.
Consolidated Hallmark Insurance and Unity Bank among others also shed their share prices by 9.68% and 8.70% respectively.
Volume Drivers
First Bank of Nigeria Holdings (FBNH) traded about 80.12 million units of its shares in 404 deals, valued at N401 million.