The bearish trend dominated trading on the equities market on the last trading day of the week making the market index drop by 0.47% to close at 39,483.08 points and the market capitalisation depreciating by N97 billion to close the day at N20.571 trillion.
Friday’s trading saw a total of 280.57 million shares valued at N3.18 billion traded in 4,012 deals.
The market sentiment was however positive as trading closed with 21 gainers and 16 losers.
Top on the gainers list for the day was Lasaco Assurance with N0.14k gain to close at N1.54,then Neimeth International Pharma gained N0.18k to close at N2.05k and UAC of Nigeria gained N1.00 to close at N11.45k.
On the other hand,FTN Cocoa Processors lost N0.03k to close at N0.40k.It was followed by University Press which lost N0.08k to close at N1.21k then Cadbury Nigeria lost N0.45k to close at N8.50k.
Honeywell Flourmill recorded the highest volume of 57.5 million shares followed by Guaranty Trust Holding with 42.6 million shares.
Hauwa Ahu
