Stock Market Trading Clings to Bullish Trend as Index Gains 0.10%

Transactions on the Nigerian Stock Exchange, NSE, closed Friday, February 12 on a positive note as the All Share Index scooped 0.10 per cent to close at 24,689.69 points from 24,664.89 on Thursday, February 11.

Similarly, market capitalization also leaped from N8. 483 trillion to N8. 491 trillion.

The market recorded 11 gainers today led by Forte Oil with a gain of N16.00 or 4.91per cent to N342.00 followed by Learn Africa with a gain of N0.04 or 4.65 per cent to close at N0.90 while Honeywell Flour gained N0.06 or 4.20 per cent to close at N1.49 per share.

On the other hand, Unilever topped 26 stocks on the losers’ chart with N2.23 loss or 7.02 per cent to close at N29.53 followed by Neimeth that lost N0.04 or 4.88 per cent to close at N0.78 per share, and Champion that lost N0.15 or 4.76 per cent to close at N3.00 per share.

All together, a total of 311,595,696 shares worth N8.952 billion exchanged hands in 2,588 deals.