Analysis of the market activities showed trade turnover settled lower relative to the previous session, while the value of transactions went down by 36.88 percent.
Positive sentiments persisted on the Nigerian Exchange Ltd., (NGX) on Friday with the All-Share Index extending growth by 0.54 percent.
Specifically, the All-Share Index improved further by 445.56 points or 0.54 percent to close at 83,042.96, against 82,597.40 achieved on Thursday.
Also, the market capitalization rose by ₦244 billion or 0.54 percent to close at ₦45.442 trillion from ₦45.198 trillion posted on Thursday.
The market gain was due to buying interests in BUA Foods, Guaranty Trust Holding Company, and Dangote Sugar, among others.
As a result, The Year-To-Date (YTD) return rose to 11.06 percent, while the market breadth closed positive with 46 equities on the gainers’ table and 19 others on the losers’.
Specifically, a total of 600.63 million shares valued at ₦9.10 billion were exchanged in 11,697 deals, as against 877.28 million shares valued at ₦14.41 billion exchanged in 14,919 deals on Thursday.
However, Transcorp led the trader’s table in volume with 54.44 million shares worth ₦752.74 million, followed by Access Corporation which traded 44.98 million valued at ₦1.27 billion.
Also, the United Bank of Africa(UBA) sold 33.53 million at ₦1.06 billion, while Universal Insurance transacted 33.30 million shares worth ₦12.06 million.
Also, Sterling Bank traded 33.20 million shares valued at ₦216.41 million.
On the leaders’ table, Mutual Benefits Assurance and SUNU Assurances led in percentage terms of 10 each, to close at 77k and ₦1.43 per share, respectively.
Ikeja Hotel followed by 9.96 percent to close at ₦8.61, while Unilever gained 9.94 percent to close at ₦18.25 per share.
Cadbury grew by 9.83 percent to close at ₦24.05 per share.
Conversely, the laggards’ table was led by Industrial and Medical Gas by 9.15 percent to close at ₦13.40.
UPDC Real Estate Investment Trust Plc trailed by 7.26 percent to close at ₦1.66 per share, respectively.
Cutix Plc and Omatek Venture shed five percent each to close at ₦2.99 and 95k per share, respectively.
FTNCocoa Processors lost 4.76 percent to close at ₦2 per share.
Analysis of the market activities showed trade turnover settled lower relative to the previous session, while the value of transactions went down by 36.88 percent.
