Newscenter Media News The Nigerian equities market ended the week with N305 billion gain for investors on the trading floor on Friday.
This followed a surge in the share prices of stocks like ACADEMY, CADBURY, and ETERNA amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization rose to ₦65.5 trillion from ₦65.2 trillion posted by the bourse on Thursday.
The benchmark All-Share Index (ASI) increased to 105,933.03 points from 105,430.15 points which were recorded the previous day.
The market breadth was positive as 39 stocks advanced and 17 stocks declined, while 66 stocks remained unchanged in 12,612 deals.
ACADEMY, CADBURY and ETERNA led other gainers with 9.93%, 9.93% and 9.90% growth each in prices to close at N2.99, N29.35 and N36.65 from the previous N2.72, N26.70 and N33.35 per share.
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MULTIVERSE, NIGERIA POLICE MICROFINANCE BANK, and VERITASKAP led other price decliners with 9.95%, 7.94%, and 4.44% dip in share prices to close at N9.95, N1.74 and N4.30 from the previous N10.05, N1.89 and N4.50 per share.
On the volume index, CUTIX led trading with 24 million shares in 647 deals followed by ACCESS CORP which traded 23 million shares in 582 deals.
STERLING NIGERIA traded 22 million shares in 240 deals.
On the value index, ZENITH BANK traded stocks worth N854 million in 509 deals followed by PRESCO which traded equities worth N821 million in 227 deals.
ACCESS CORP traded shares valued at N657 million in 774 deals.
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