After five trading days at the stock market, investors lost about more than ₦800 billion in three days.
The bullish run witnessed the previous week turned bearish, depriving some persons the opportunity to take profit.
The loss may be as a result of the pressure on the naira and other economic challenges.
Investors hopefully will try to improve on this report in the coming week.
Investors in the Nigerian capital market went home with ₦464 billion at the close of trading on Friday.
This followed the rise of market capitalisation to ₦55.8 trillion from ₦55.3 trillion posted by the bourse on Thursday.
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Similarly, the All-Share Index (ASI) increased to 102,088.07 from 101,239.10 recorded the previous day.
The market breadth also closed positive as 22 stocks advanced, 19 declined, while 76 others remained unchanged in 7,714 deals.
Gainers And Losers
Juli Plc gainer 9.86% growth in share price to close at ₦2.34 from the previous ₦2.13 per share.
Daar Communications, PZ Cussons, and Veritas Kapital Assurance also posted a 9.72%, 7.72%, and 7.04% increase in their share prices.
Morison Industries led other decliners, as it shed 9.73% off its share price to close at ₦1.67 from the previous ₦1.85 per share.
Livestock Feeds, Omatek Ventures, and Guinea Insurance completed the list of losers in today’s trading with 9.70%, 9.09%, and 9.09% cut in their share prices.
Traded Volume Of Shares
On the volume index, Guaranty Trust Holding (GTCO) traded 53.044 million shares valued at ₦2.9 billion in 395 deals.
Also, Veritas Kapital Assurance 25.809 million shares worth ₦18.8 million were traded by shareholders in 91 deals.
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Zenith Bank traded 20.720 million shares valued at ₦739.1 million in 529 deals.
GTCO traded equities worth ₦2.09 billion in 395 deals followed by Zenith Bank with stocks worth ₦739 million in 529 deals.
FBNH traded equities worth ₦585 million in 287 deals.
