Equities Market rebounds with 0.70% gain

Toyin Ajadi

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The Nigerian equities market closed the week in the positive territory as the all-share index shed 0.70% to close at 51,222.34 points.
In the same vein, the market capitalisation bounced back from Thursday’s loss with a N193 billion gain to close at N27,899 trillion naira.
At the end of the last weekday of trading, a total of 195.73 million shares worth N7.48 billion were traded in 3,650 deals while the market sentiment closed in the negative with 16 gainers and 18 losers.
NPF Microfinance Bank led the gainers with 9.55% price appreciation to close at N1.72,followed by Neimeth International Pharma with 8.39% and a closing price of N1.55k and Eterna gained 5.57% to close at N7.20k per share.
On the other hand, PZ Cussons Nigeria came out last with a loss of 9.09% and a closing price of N11.00 followed by Consolidated Hallmark Insurance which lost 7.69% to close at N0.60k then FTN Cocoa Processors lost 6.67% to close at N0.28k.
FBN HoldingsĀ recorded the highest volume of 41.9 million traded shares, followed by BUA Cement with 30.2 million shares and Access Holdings had 13.7 million shares.

 

 

 

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