Nigerian stock market closes week positively as investors gain N99bn on Friday

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Nigerian Stock Market News

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The Nigerian Exchange Limited on Friday closed the week on a bullish note with investors adding N99 billion to their portfolios. This comes as the market capitalization of listed equities increased by N99 billion or 0.18 percent from an opening of N55.379 trillion to settle at N55.478 trillion.

The All-Share Index also went up by 0.18 percent or 172.13 points, to close at 96,580.01, against 96,407.88 recorded on Thursday. As a result, the Year-To-Date return rose by 29.16 percent. The impressive performance of the market was driven by investors buying interest in FBN Holdings, Guaranty Trust Holding Company, Total Energies, Oando Plc, and Transnational Corporation, among other advanced equities.

96 percent to close at 73k per share. On the other hand, Eterna Plc led the losers’ chart by 9.95 percent to close at N27.60, RT Briscoe trailed by 9.90 percent to close at N3.55 per share. Tantalizers also lost 7.25 percent to close at 64k, Chams dropped 7.17 percent to close at N2.20, while Eunisell Interlinked Plc shed 6.25 percent to close at three Naira per share.

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