The equity segment of the Nigerian Stock Exchange closed Friday on a positive note, as market capitalisation rose by N21bn, reversing Thursday’s loss.
Notable advancement in the Consumer Goods Index by 0.59percentbto 432.78 basis points was crucial to the upward trend.
Appreciation in the stocks of Dangote Sugar, Guaranty Trust Bank, Custodian, Neimeth and Caverton also supported the gains.
In the spirit of the day’s trade, market breadth was positive, making 19 gainers to emerge, relative to seven losers.
The All Share Index closed at 25,572.57 basis points, while. market capitalisation lifted to N13.365tn.
Neimeth led gainers, appreciating by 8.33 per cent to close at N1.95. Caverton added 8.24 per cent to end trade at N1.84. Dangote Sugar advanced by 7.14 per cent to N12. Custodian rose to N4.85, notching up 6.59 per cent in the process. Unity Bank completed the top five climbing up by 5.56 per cent to N0.57.
ABC Transport topped the losers’ chart, declining by 9.09 per cent to close at N0.30. Cornerstone shed 7.58percent to end trade at N0.61. Lasaco fell to N0.25, losing 7.41 per cent. Cutix slumped to N1.70, recording 2.86 per cent depreciation, while Access closed at N6.45, going down by 2.27 per cent.
