The Nigerian equity market on Friday closed higher as the All Share Index soared by 1.76% to settle at 54,085.30 points from the previous close of 53,151.32 points.
The Market Capitalisation was up by 1.76% to close at N29.158 trillion from the previous close of N28.654 trillion, thereby gaining N17 billion.
An aggregate of 208 million units of shares were traded in 4,898 deals, valued at N5.5 billion.
The Market Breadth closed balanced as 19 equities appreciated against 19 that declined in their share prices.
Percentage Gainers
CUTIX led other gainers with 9.96% growth to close at N2.87 from the previous close of N2.61.
Airtel Africa, Wema Bank and ARDOVA among other gainers also grew their share prices by 9.89%, 8.63% and 7.09% respectively.
Percentage Losers
Nigerian Breweries led price decliners’ table as it shed 10.00% of its share price to close at N69.30 from the previous close of N77.00.
UACN, UPL and Royal Exchange among other price decliners also shed their share prices by 9.87%, 9.52% and 9.26% respectively.
Volume Drivers
Flour Mills traded about 21 million units of its shares in 158 deals, valued at about N747 million.
GTCO traded about 20 million units of its shares in 350 deals, valued at N464.5 million.
FBNH traded about 18 million units of its shares in 308 deals, valued at N205 million.