The Nigerian equity market on Friday closed on a bullish note as the All Share Index appreciated by 0.43% to settle at 46,205.05 points from the previous close of 46,009.23 points.
The Market Capitalisation grew by 0.42% to close at N24.898 trillion from the previous close of N24.793 trillion, thereby gaining N105 billion.
An aggregate of 313.445 million units of shares were traded in 5,067 deals, valued at N5 billion.
The Market Breadth closed positive as 39 equities appreciated in their share prices against 9 equities that declined in their share prices.
Percentage Gainers
Cornerstone Insurance led other gainers with 10.00% growth to close at N0.55 from the previous close of N0.50.
VITAFOAM, Ekobank, Academy Press and Nem Insurance among other gainers also grew their share prices above 9%.
Percentage Losers
UPL led other price decliners as it shed 9.86% of its share price to close at N2.65 from the previous close of N2.94.
Consolidated Hallmark Insurance, CUTIX and Linkage Assurance among other price decliners also shed their share prices by 7.69%, 4.00% and 1.92% respectively.
Volume Drivers
FBNH traded about 40.6 million units of its shares in 217 deals, valued at about N468.7 million.
Transcorp traded about 30.9 million units of its shares in just 160 deal, valued at N34 million.
Zenith Bank traded about 26.7 million units of its shares in 348 deals, valued at N688 million.