Activities of investors in the stocks of PZ, Transcorp Hotels, Eterna among others, lifted the market capitalisation of the Nigeria’s capital market by ₦467.9 billion.

Nigeria's Capital Market Stocks Rose By ₦467.9bn
Capital Market Trade Chart

Trading in the Nigerian capital market closed on Friday, with market capitalisation rising to ₦467.95 billion this represents a 1.42% growth.

The value of investments rose from ₦32.72 trillion to ₦33.19 trillion after five hours of business in the capital market.

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Similarly, the All-Share Index appreciated by 859.41 basis points to close at 60,968.27, up from 60,108.86 posted by the bourse on Tuesday.

Read Also: NGX: Investors Lost Shares Investments Worth ₦4.09b

This was achieved even though, trading activities were suspended on the stock market on Wednesday and Thursday because of the Eid-el-Kabir holiday.

Investors traded 998.08 million shares worth ₦15.95 billion in 10,580 deals on Friday.

This above figure surpassed the 763.69 million shares valued at ₦12.53 billion traded by shareholders in 9,463 deals before the holiday.

Access Corporation led the day’s trading with 255.06 million shares valued at ₦4.14 billion.

FCMB followed with 97.16 million shares worth ₦498.02 million.

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UBA sold 90.63 million shares worth ₦1.11 billion.

GTCO traded 77.03 million shares valued at ₦2.69 billion, while Zenith Bank sold 74.39 million shares valued at ₦2.53 billion.

Gainers Table

PZ led the gainers’ list after its share value rose by ₦2 to end trading at ₦22 from ₦20 per share.

Eterna gained ₦1.90 kobo to move from ₦19.10 kobo to ₦21 per share.

Learn Africa gained ₦0.29 kobo to close at ₦3.21 kobo, above its opening price of ₦2.92 kobo per share.

Ikeja Hotel’s share price was up by ₦0.36 kobo, moving from ₦3.63 kobo to ₦3.99 kobo per share.

Transcorp Hotels recorded a ₦2.11 kobo rise in share price, appreciating from ₦21.29 kobo to ₦23.40 kobo per share.

Loser’s Table

Pharma Deko topped the losers’ table after shedding ₦0.20 kobo to drop from ₦2 to ₦1.80 kobo per share.

Read Also: NGX Equities Market Rises By 4% After Emefiele’s Suspension

Cornerstone’s share price dropped by ₦0.11 kobo to end trading at ₦1.10 kobo from ₦1.21 kobo per share.

Guinea Insurance lost 8.70 percent to end trading with ₦0.21 kobo from ₦0.23 kobo per share.

Universal Insurance’s share dropped from ₦0.23 kobo to ₦0.21 kobo per share after losing 8.70% during trading.

Prestige lost 7.69%, dropping from ₦0.52 kobo to ₦0.48 kobo per share.

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