At the close of trading, the All-Share Index gained 679.72 absolute points, representing a growth of 1.75 per cent to close at 39,461.20 points. Similarly, the overall market capitalisation value rose by N356 billion to close at N20.652 trillion.
Analysts at Afrinvest Limited said:“ We expect the market to sustain the positive performance in the last trading session of the week.” Market sentiment, as measured by market breadth, was positive as 24 stocks gained, relative to 18 losers.Fidson Healthcare and Julius Berger recorded the highest price gain of 10 per cent each, to close at N5.28 kobo and N20.90 kobo, while Ekocorp followed with a gain of 9.26 per cent to close at N5.90 kobo.
Wapic Insurance shed 3.85 per cent to close at 50 kobo, while Honeywell Flour Mill depreciated by 3.76 per cent to close at N1.28 kobo. The total volume of trades increased by 4.3 per cent to 270.682 million units, valued at N2.031 billion, and exchanged in 3,897 deals.