Trading on the floor of Nigerian Exchange on Friday closed northward, appreciating by N59 billion as the market dominated with bullish activities.
The market capitalisation of listed equities increased by 0.10 per cent to N59.534 trillion from N59.475 trillion it closed on Thursday.
The NGX All Share Index also appreciated by 76.64 basis points to 98210.75 points from 98114.11 points traded the previous day.
The positive performance recorded during the day was driven by gains in the shares of MTN Nigeria, GTCO Plc, AccessCorp, Wapco , Betaglass, Dangote Sugar, United Bank for Africa, FBNHoldings and 20 other firms.
As a result year to date returns increased to 31.34 per cent as 27 firms closed in green against 21 companies that took negative directions.
A review of trading for the day showed that Gold breweries led gainers table with 9.98 per cent to close at N5.40 per unit, Japaul Gold followed with a gain of 9.30 per cent to close at N2.35 per unit, SUNU Assurance added 9.07 per cent to close at N5.05 per share, NSL Tech and Sovereign Trust Insurance increased by 7.69 per cent to close at N0.70 per unit and N0.84 per share respectively.
Conversely, Eterna Plc topped losers chart, dropping by 4.62 per cent to close at N22.70 per unit, Sterling Bank trailed with a loss of 4.12 per cent to close at N4.65 per share, Prestige insurance and Conhall Plc down by 3.85 per cent each to close at N0.75 per unit and N2.50 per share respectively. Champion Breweries depreciated by 3.50 per cent to close at N3.86 per unit.
The volume of trades also went up by 317.003 million, representing 43.85 per cent as investors traded 1.040 billion shares valued at N17.462 billion in 7720 deals against 722.998 million shares worth N12.840 billion in 8495 deals.
Transactions in the shares of Wema Bank on Friday led market activities with 472.499 million shares valued at N4.108 billion, Fidelity Bank followed with account of 251.533 million shares cost N4.042 billion, FCMB group exchanged 45.000 million shares cost N404.894 million, United Bank for Africa traded 42.294 million shares valued at N1.420 billion, JapaulGold exchanged 20.664 billion shares cost N46.305 million
