Nigerian stock market closes higher

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Shares worth N2.95 billion were traded in 3,435 deals on the Nigerian Stock Exchange on Friday.

This was against the 486.96 million shares valued at N2.86 traded in 3,711 deals on Thursday.

Transactions on the Exchange closed for the week on a positive note as the market indicators recorded marginal growth of 0.1 per cent.

The All-Share Index rose by 13.93 points to close at 22,232.36 from the 22,218.43 recorded on Thursday.

Similarly, the market capitalisation, which opened at N7.085 trillion, grew by N5 billion to close at N7.090 trillion.

Oando led the price gainers’ table with a gain of 76k to close at N15.96 per share.

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Dangote Flour gained 29k to close at N6.09 per share, while CCNN chalked up 24k to close at N5.29 per share.

FBN gained 21k to close at N11.41 per share, while University Press appreciated by 18k to close at N3.93 per share.

On the other hand, NewGold led the losers chart, shedding N13 to close at N2,436 per unit.

Unilever trailed with a loss of 75k to close at N28.30 per share, while UACN lost 50k to close at N35 per share.

Access Bank depreciated by 17k to close at N6.66 per share, while Zenith lost 10k to close at N14.80 per share

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