Nigerian shares appreciated 0.14 per cent on Friday, leading up to at least one other week of definite return as optimism in respect of third quarter monetary reports lifted shares’ prices.
Equities are progressively clawing their formulation aid to the height they’ve attained up to now this year, which they did on 29th January, and possibilities are that that milestone may perchance presumably perchance be bettered soon.
Central to Friday’s efficiency changed into as soon as Ecobank Transnational Incorporated and FBN Holdings, two companies that have also made substantial contribution to the recent uptrend.
Also strengthening gains changed into as soon as the oil and gas index, which made potentially the most come of the 5 sector indexes at 2.48 per cent.
Market breadth, which signifies the sentiment of traders in opposition to trade, changed into as soon as definite as there were 23 gainers in comparison with 19 laggards.
The all-part index expanded by 59.15 aspects to 41,763.26 aspects, while market capitalisation closed decrease at N20.3trillion.
TOP FIVE GAINERS
Cutix led gainers, appreciating by 10 per cent to discontinuance at N6.05. Unilever went up 9.85 per cent to N14.50. ABC Transport rose to N0.34, notching up 9.68 per cent in the formulation.
PZ added 9.26 per cent to total trade at N5.90. Mutual Advantages carried out the head 5, climbing by 6.17 per cent to N204.9.
TOP FIVE LOSERS
NEM changed into as soon as the worst performing stock, declining by 8.57 per cent to discontinuance at N1.92. Ikeja Lodge shed 7.83 per cent to discontinuance at N1.06. NGX Team fell to N22, losing 6.58 per cent.
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WAPIC dipped to N0.48, recording 5.88 per cent depreciation. Japaul Gold closed at N14.65, going down by 5.48 per cent.
TOP FIVE TRADES
A total of 510.2 million shares estimated at N5.9 billion were traded on the present time in 5,485 deals.
FBN Holdings traded 154.4 million models of its shares worth N1.9 billion traded in 667 deals. ETI had 56.1 million shares, priced at N421.5 million replace palms in 247 transactions.
Transcorp traded 31.9 million shares valued at N32.3 million in 160 deals. NGX Team traded 29.9 million shares estimated at N723.2 million in 735 transactions. Wema traded 24.1 million shares valued at N17.4 million in 98 deals.
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