The Nigerian Stock Exchange (NGX) closed the last trading week on Friday, with a total of 1,257,944,147 shares exchanging hands in 56,724 deals, as market value reached N54.271 billion, news.ng reports.
Friday’s trading climbed higher compared to Thursday’s, as trading volume increased by 115%, turnover surged by 57%, and deals improved by 25%.
According to data, market capitalisation stood at N139.8 trillion (approximately USD 104 billion).
Friday’s bullish trading recorded 44 gainers and 27 losers out of the 133 equities listed for trading.
On the gainers chart, Nigerian Aviation Handling Co. saw its share price rise by 10% to close at N220.00 per share, followed by Trans-Nationwide Express, which gained 10% to close at N6.05 per share.
Others include Ecobank Transnational, which gained 9.97% in share price to close at N67.30 per share, while one of the country’s largest financial institutions, Access Holdings, gained 9.93% to close at N29.90 per share.
On the losing side, MeCure Industries led the chart with a depreciation of 9.96% to close at N60.60 per share, followed by Honeywell Flour Mill, which shed 9.52% to close at N19.00 per share.
Also, Abbey Mortgage Bank recorded a 9.5% loss in its share price to close at N8.10 per share, while E-Tranzact International lost 9.27% to close at N18.60 per share.
Sterling Bank recorded the highest volume, with 384 million shares traded, followed by Access Holdings, which saw 90.3 million shares traded. Zenith Bank recorded 70.8 million shares, while United Bank for Africa (UBA) recorded 54.6 million shares traded.
