The market indices of the Nigerian Stock Exchange (NSE), on Friday recorded further appreciation as the market capitalisation rose by N117 billion.
The market capitalisation closed at N6.94 trillion as against N6.82 trillion posted on Thursday due to price gains by blue chip equities.
Also, the All-share Index, which opened at 21,388.87, appreciated by 367.63 basis points representing 1.72 per cent to close at 21,756.50.
Analysts attributed the growth to impressive results and dividend pay outs announced by some quoted companies.
Similarly, the turnover volume of shares appreciated by 40.89 per cent with a total of 406.89 million shares worth N4.58 billion traded in 3,710 deals.
This was in contrast with 288.80 million shares worth N3.12 billion exchanged in 4,007 deals on Thursday.
Meanwhile, NAN reports that Total led the gainers’ chart with N6.63 to close at N139.34 per share.
Nigerian Breweries followed with N5.20 to close at N109.20, while Unilever grew by N1.42 to close at N29.92 per share.
NCR appreciated by 71kto close at N15.05, while GlaxoSmithKline chalked up 55k to close at N20.50 per share.
On the other hand, Presco topped the losers’ chart with a loss of 51k to close at N10 per share.
BOCGas trailed with 32k to close at N6.18, while Avon Crown dropped by 21k to close at N4.18 per share.
Eternal Oil depreciated by 19k to close at N3.76, while Cement Company of Northern Nigeria dipped by 16k to close at N5per share.
NAN also reports that the banking sub-sector remained the most active accounting for 374.24 million shares worth N3.98 billion traded in 2, 515 deals.????
GTB was the most traded stock with an exchange of 116.27 million worth N1.80 billion exchanged in 502 deals.
FBN ranked second with 63.04 million shares valued N703.91 million traded in 781 deals.