Also, the All-Share Index (ASI) increased by 156.03 points
or 0.31 per cent to close at 50,045.83 from 49,889.80 trillion recorded on
Thursday.
The upturn was due to gains recorded in large and medium
capitalised stocks, amongst which are: Zenith Bank, Stanbic Bank, Nigerian
Breweries and MTN Nigeria Communications (MTNN).
The market closed positive as 21 stocks gained relative to
nine losers.
FCMB Group recorded the highest gain of 9.06 per cent to
close at N3.49 per share.
Stanbic Bank followed with 6.45 per cent to close at N33,
while Etranszact rose by six per cent to close at N2.65 per share.
Transcorp rose by 4.76 per cent to close at N1.10, while NPF
Microfinance appreciated by 4.52 per cent to close at N1.62 per share.
Courtville Business Solutions gained by 4.17 per cent to
close at 50k per share.
On the other hand, Caverton Offshore Support Group led the
losers’ chart by 9.50 per cent to close at N1.62 per share.
Eterna followed with 9.17 per cent to close at N5.45, while
NCR shed 9.09 per cent to close at N3 per share.
Japaul Gold and Ventures lost 7.50 per cent to close at 37k,
while Ecobank Transnational Incorporated shed 7.20 per cent to close at N11.60
per share.
However, the total volume traded decreased to 240. 02
million units valued at N2,68 billion and exchanged in 3,435 deals.
This was in contrast with 229.12 million shares worth N1.75
billion traded in 3,575 deals on Thursday.
Transactions in the shares of Sterling Bank topped the
activity chart with 93.7 million shares valued at N136.01 million.
Fidelity Bank followed with 28.77 million shares valued at
N97.1 million.
Fidson Healthcare followed with 13.85 million shares worth
N130.38 million, while Guaranty Trust Holding traded 13.04 million shares
valued at N258.52 million.