The Nigerian equity market on Friday closed on a positive note as the All Share Index appreciated by 0.21% to settle at 39,198.75 points from the previous close of 39,114.73 points.
11 Plc (formerly Mobil) was delisted from the daily official price list of the Nigerian Exchange, bringing the Market Capitalisation to close at N20.431 trillion from the previous close of N20.470 trillion.
An aggregate of 238.937 million units of shares were traded in 3,947 deals, valued at N2.95 billion.
The Market Breadth closed positive as 25 equities appreciated in their share prices against 16 equities that declined in their share prices.
Percentage Gainers
- Linkage Assurance led other gainers with 9.52% growth, closing at 69 kobo from the previous close of 63 kobo.
- John Holt and Linkage Union Bank among other gainers also grew their share prices by 9.26% and 9.09% respectively.
Percentage Losers
- NEM Insurance led other price decliners as it shed its share price by 9.50% to close at N1.81 from the previous close of N2.
- Courtville Business Solution and Sunu Assurance among other price decliners also shed their share prices by 9.09% and 8.47%.
Volume Drivers
- Access Bank traded about 40.47 million units of its shares in 380 deals, valued at N327.96 million.
- FBNH traded about 33.65 million units of its shares in 227 deals, valued at N244.2 million.
- Zenith Bank traded about 25.51 million units of its shares in 396 deals, valued at about N562.2 million.