Transactions at the Nigerian Stock Exchange, on Friday, March 17, trended upward with lead indices scooping gains.
The All share index rose by 0.92%, gaining a total of 525.53 points last week to settle at 25,653.16 basis points, bringing month to Date returns to a positive territory of 1.27 percent, while the year to date loss was trimmed to -4.5 percent.
Meanwhile market capitalization appreciated by over N178 billion in four days to close the week stronger at N8.878 trillion.
The price movement chart showed 17 gainers paired against 14 losers. Betaglass led the day’s top five gainers with 4.98 percent to close at N42.18 per share.
Cutix was next with a growth of 4.52 percent to close at N1.62 per share, Diamond Bank increased by 4.44 percent to close at 94 kobo, WAPCO also added 4.35 percent to close at N36 per share, while Nigeria Police Microfinance Bank increased 4.27 percent to close at N1.22 per share
Conversely, Guinness Nigeria Plc led the losers’ chart with a loss of 4.99 percent to close at N66.50 per share, while Neimeth dropped 4.69 percent to close at 61 kobo per share.
Air Service declined 3.76 percent to close at N3.07, United Capital depreciated 3.45 percent to close at N2.80 and Dangote Flour closed the day at N3.58, 3.24 percent lower from its previous trading value of N3.70.
Zenith bank topped the activity chart for the day, as it emerged the most traded stock with 41.4 million units of shares traded, worth N601.7 million, Fidelity Bank was next with 29.9 million shares valued at N25.1 million while Guaranty emerged the third most traded stock with 29.5 million units of shares worth N773.7 million.
UBA and FCMB traded 12.6 million and 7.7 million units of shares each, worth N68.1 million and N9.6 million respectively.