For the third consecutive day this week, equities trading on the Nigerian Exchange (NGX) ended on a positive note, inching up by 0.46% gain or 177.86 points on Friday to close at 38,726.10 points as against 38,548.24 points on Thursday.
In the same vein, the market capitalization also appreciated by N92billion to close at N20.184 trillion compared to N20.092 trillion on Thursday.
At the end of the last weekday of trading on the Nigerian Exchange, a total of 199,063,048 shares worth N1.60 billion were traded in 3,150 deals even as the market recorded 22 gainers relative to 10 losers.
The day’s trading ended with 22 gainers and 10 losers.
Morison led the gainers with N0.10k share price appreciation to close at NGN 1.13 per share, followed by Veritas Kapital Assurance with a gain of N0.02k to close at N0.24k, while University Press gained N0.14k to close at N1.68k.
On the losing side, Computer Warehouse Group (CWG) came out last with an end-of-day price depreciation of N0.16k to close at NGN 1.53 per share. It was followed by Regency Alliance Insurance Company with N0.05k loss to close at N0.50k, then Royal Exchange with N0.06k loss to close at N0.72k.
Sovereign Trust Insurance recorded the highest volume of 31.7 million traded shares, followed by FCMB Group at 28.27million, and Royal Exchange at 10.85million.
Amaka E. Nliam
