Precisely, the benchmark index rose by 21.88 points or 0.05
per cent to close at 40,243.05 from 40,221.17 achieved on Thursday.
Accordingly, month-to-date and year-to-date returns stood at
0.1 per cent and 0.1 per cent, respectively.
Similarly, the market capitalisation gained N15 billion to
close at N20.970 trillion from N20.955 trillion posted on Thursday.
The upturn was impacted by gains recorded in medium and
large capitalised stocks, amongst which are; Eterna, United Capital, AXA
Mansard Insurance, Pharm-Deko and FBN Holdings.
On market performance this week, United Capital Plc expected
some profit-taking on the bourse amid last week’s rally.
The market breadth closed positive with 23 gainers against
14 losers.
AXA Mansard Insurance led the gainers’ chart in percentage
terms with 9.87 per cent to close at N2.56 per share.
Pharm-Deko followed with 9.79 per cent to close at N2.58,
while University Press appreciated by 9.76 per cent to close at N1.35 per
share.
Consolidated Hallmark Insurance went up by 8.77 per cent to
close at 62k, while Courteville Business Solutions appreciated by 8.57 per cent
to close at 38k per share.
On the other hand, Morison Industries led the losers’ chart
in percentage terms by 10 per cent to close at N1.89 per share.
Northern Nigeria Flour Mills followed with a decline of 9.94
per cent to close at N7.70, while Veritas Kapital Assurance shed 8.70 per cent
to close at 21k per share.
Cornerstone Insurance lost 8.62 per cent to close at 53k,
while Jaiz Bank depreciated by five per cent to close at 57k per share.
Transactions in the shares of Fidelity Bank topped the
activity chart with 18.59 million shares valued at N46.77 million.
Guaranty Trust Holding Company followed with 18.27 million
shares worth N512.42 million, while FBNH traded 18.15 million shares valued at
N147.87 million.
Universal Insurance traded 15.48 million shares worth N3.23
million, while Champion Breweries transacted 14.19 million shares worth N29.09
million.
However, the total volume of trades dipped by 80.7 per cent
to 202.36 million shares valued at N1.86 billion traded in 4,066 deals.
This was in contrast with 1.05 billion shares worth N7.42 billion exchanged in 3,752 deals recorded on Thursday. NAN