The market capitalization, which started at N56.133
trillion, increased by N314 billion, or 0.56 percent, closing at N56.447
trillion. The All-Share Index also experienced a rise of 0.56 percent, gaining
545 points to finish at 98,230.92 points, up from 97,685.64 points recorded on
Thursday.
The positive performance was driven by sustained interest in
stocks such as Geregu, FBN Holdings, Access Corporation, Fidelity Bank, Oando
Plc, and United Capital. As a result, the Year-To-Date (YTD) return rose to
31.37 percent.
The market breadth was favorable, with 28 stocks gaining and
26 declining. Leading the gainers was Sky Shelter Fund Plc, which surged by
9.99 percent to close at N179.45, followed closely by Honeywell Flour, which
increased by 9.96 percent to N5.41 per share.
Other notable gainers included Meyer Plc, up 9.95 percent to
N6.41, Academy Press, which rose by 9.89 percent to N2.89, and Caverton,
appreciating by 9.68 percent to N3.06 per share.
Conversely, Northern Nigeria Flour Mills topped the losers'
list, dropping 10 percent to N39.15, with Berger Paints following at a decline
of 9.81 percent to N21.60 per share.
Deap Capital Management and Trust Plc fell by 9.68 percent
to 84k, while Livestock and Omatek both decreased by 9.09 percent, closing at
N2.40 and 65k per share, respectively.
However, market activity analysis indicated a decrease in
trade turnover compared to the previous session, with transaction values down
by 19.49 percent.
A total of 361.30 million shares worth N7.57 billion were
traded in 9,627 deals, compared to 471.30 million shares valued at N9.40
billion in 12,061 deals from the prior session.
Notably, JapaulGold led in trading volume for the third
consecutive time with 64.04 million shares, while Geregu topped in value with
transactions amounting to N1.34 billion