The Nigerian stock market closed the last trading day of the week on a positive note as The All Share Index appreciated by 0.18%, bouncing back from the last three sessions of loses to close at 52,908.24 points from the previous close of 52,815.78 points.
The Market Capitalisation grew by 0.17% to close at N28.523 trillion from the previous close of N28.474 trillion, thereby gaining N49 billion.
An aggregate of 283 million units of shares were traded in 4,245 deals, valued at N3.4 billion.
The Market Breadth closed positive as 22 equities emerged as gainers against 16 equities that declined in their share prices.
Percentage Gainers
Nem Insurance led gainers chart with 9.95% growth, closing at N4.20 from the previous close of N3.82.
CHAMS and Champion Breweries also grew their share prices by 9.09% and 8.06% respectively.
Percentage Losers
UPDCREIT led price decliners’ table as it sheds 9.33% of its share price to close at N3.40 from the previous close of N3.75.
WAPIC and UACN among other price decliners also shed their share prices by 4.55% and 4.35% respectively.
Volume Drivers
UACN traded about 73.9 million units of its shares in 88 deals, valued at about N813 million.
FBNH traded about 53 million units of its shares in 217 deals, valued at about N597million.
TRANSCORP traded about 43.9 million units of its shares in 128 deals, valued at N56 million.