Investors trade 364.74 million shares on Friday

Market rally deepened at the close of transactions on the floor of the Nigerian Stock Exchange, NSE, on Friday as investors traded 364.74 million shares valued at N4.81 billion in 5,850 deals.

This was in contrast to the 284.09 million shares valued at N3.89 billion that exchanged hands in 4,950 deals on Thursday.

The market capitalisation of all listed entities closed higher on Friday at N11.897 trillion to gain N27 billion or 0.23 percent than Thursday’s N11.870 trillion closing figure.

The All Share Index, ASI, also rose to 37,342.73 basis points to gain 85.38 points or 0.23 percent away from Thursday’s 37,257.35 basis points.

The top five losers chart on Friday was led by Guinness which shed N3.99k in its share price to close at N246.01k per share.

Dangote Cement was in second position losing N3.80k in its share price to close at N186.20k per share.

It was followed by Mobil which lost N1.00 in its share price to close at N118.00 per share while Okomu Oil was in fourth position with a share price loss of N0.82k to close at N44.13k per share.

GTB was last on the chart with a loss of N0.23k in its share price to close at N25.30k per share.

However, Nestle topped the gainers chart by adding N40.00 to its share price to close at N1,040.00 per share.

Forte Oil was in second position with a gain of N5.97k in its share price to close at N64.30k per share.

It was followed by Conoil with a share price gain of N3.24k to close at N34.99k per share.

Total was in fourth position with a gain of N3.00 in its share price to close at N167.00 per share while UACN was last on the chart gaining N2.00 in its share price to close at N65.00 per share.

The top five trades by volume chart on Friday was led by Zenith Bank with 110.48 million shares valued at N2.42 billion.

It was followed by Unity Bank with 52.52 million shares worth N29.16 million.

UBA was third with 29.73 million shares valued at N232.04 million while FBNH was fourth with 28.55 million volume of shares valued at N463.49 million.

Transcorp was last on the chart with 22.75 million shares valued at N37.73 million.