Investors in the Nigerian equities market gained N58 billion at the close of trading on Friday.
This followed a surge in the share prices of stocks like GOLDEN BREWERIES, JAPAUL GOLD, and SUNU ASSURANCE amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization surged to N59.5 trillion from N59.4 trillion recorded by the bourse on Thursday.
The benchmark All-Share Index (ASI) increased to 98,210.75 from 98,114.11 recorded the previous day.
The market breadth was positive as 27 stocks advanced and 20 stocks declined, while 74 stocks remained unchanged in 7,220 deals.
GOLDEN BREWERIES, JAPAUL GOLD, and SUNU ASSURANCE led other gainers with 9.98%, 9.30%, and 9.07% growth each in share prices to close at N5.40, N2.35, and N5.05 from the previous N4.91, N2.15 and N4.63 per share.
ETERNA, STERLING, and CONHALL PLC led other price decliners with 4.62%, 4.12%, and 3.85% drop in share prices to close at N22.70, N4.65, and N2.50 from the previous N23.80, N4.85 and N2.60 per share.
On the volume index, WEMA BANK led trading with 472 million shares in 113 deals followed by FIDELITY BANK which traded 251 million shares in 222 deals.
FCMB traded 45 million shares in 132 deals.
On the value index, WEMA BANK traded stocks worth N4.1 billion in 113 deals followed by FIDELITY BANK which traded equities worth N4 billion in 222 deals.
MTN NIGERIA traded shares valued at N2.8 billion in 197 deals.
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