Investors on the Nigerian Exchange (NGX) gained N392 billion on Friday, as the market closed the week on a positive note.
Market capitalisation rose by 0.30 percent to N131.165 trillion, up from N130.773 trillion recorded in the previous session. The All-Share Index also advanced by 608.62 points to settle at 203,770.43, pushing the year-to-date return to 30.95 percent.
Despite the overall gains, market breadth remained negative, with 34 decliners outweighing 24 gainers.
Leading the gainers’ chart was FG202033S6, which surged by 36.30 percent to close at N115.86 per share. Other stocks that posted notable gains included Trans-Nationwide Express, International Breweries, CHAMS, and Guinness Nigeria.
On the flip side, Omatek Ventures recorded the biggest loss, dropping 10 percent to close at N2.07 per share. It was followed by Austinlaz, Coronation Insurance, Zichis Agro-Allied Industries, and Cornerstone Insurance.
Trading activity weakened during the session, with total volume declining by 15.97 percent to 548.60 million shares valued at N31.46 billion across 48,538 deals.
Access Corporation led the activity chart for the third straight session, followed by Zenith Bank and United Bank for Africa.
In terms of value, Aradel Holdings recorded the highest trades at N6.49 billion.
