The local equity market on Friday sustained bullish trend, appreciating by N148 billion as gain recorded by small and medium stocks lifted market activities. Specially, market capitalisation of listed equities increased by 0.36 per cent to N40.917 trillion from N40.769 trillion reported on Thursday.
The NGX All Share Index also appreciated by 271.19 basis points to 74773.77 points it closed the previous day.
TransHotel and Learn Africa led gainers table with 10 per cent to close at N70.18 and N3.19
per share respectively. Multiverse followed with a gain of 9.95 per cent to close N18.57 per unit, Abbey Building Society added 9.90 per cent to close at N2.22 per share while IMG gained 9.80 per cent to close at N13.45 per share.
On the contrary, SUNU Assurance topped losers chart, dropping by 5.17 per cent to close at N1.10 per unit, FTNCocoa trailed with a loss of 4.52 per cent to close at N1.48 per unit, Nahco sheds 4.51 per cent to close at N25.40 per share, Tantalizer down by 4.51 per cent to close at N0.47 per share Sterling Bank fell by 3.16 per cent to close at N4.29 per unit.
The volume of activities declined during the day as Investors traded 368.629 million shares valued at N12.820 billion in 6732 deals against 384.913 million shares worth N5.666 billion exchanged hands the previous day in 8336 deals.
Transactions in the shares of Zenith Bank led market activities with 28.878 million shares valued at N1.115 billion, Conhall Plc followed with account of 26.624 million shares valued at N35.744 million, Jaiz Bank traded 24.609 million shares worth N47.089 million, Geregu Power sold a total of 20.047 million shares valued at N7.220 billion while AccessCorp exchanged 17.627 million shares cost N407.061 million.
