Stock market closes positive as index gains 0.17%
Trading on the Nigerian bourse closed positive on Friday with the All-Share Index (ASI) increasing by 0.17% to close at 52,908.24 from 52,815.78 on Thursday.
Similarly, market capitalisation increased by N49 billion to N28.523 trillion from N28.474 trillion recorded on Thursday.
The Year-to-Date (YTD) returns increased to 23.86 per cent, while the market breadth closed positive as 22 stocks advanced against 16 stocks that declined.
NEM Insurance recorded the highest price gain of 9.95 per cent to close at N4.20 per share.
Chams followed with a gain of 9.09 per cent to close at 24k per share, while Champion Breweries rose by 8.06 per cent to close at N3.89 per share.
Nigerian Breweries rose by 7.06 per cent to close at N63.70 while Eterna Oil gained 6.65 per cent to close at N7.70 per share.
On the other hand, UPDC Real Estate Investment Trust (UPDCreit) led the losers’ chart by 9.33 per cent to close at N3.40 per share.
WAPIC declined by 4.55 per cent to close at 42k while UACN depreciated by 4.35 per cent to close at N11 per share.
Caverton followed with a decline of 3.36 per cent to close at N1.15 per share, while International Breweries led lost 3.33 per cent to close at N7.25 per share.
Meanwhile, shares of UACN led the volume chart with 73.89 million shares valued at N812.9 million.
First Bank Nigeria Holdings (FBNH) followed with 53.13 million shares worth N596.76 million, while Transcorp traded 43.91 million shares valued at N56.36 million.
UPDCreit traded 12.42 million shares valued at N43.38 million, while Zenith Bank transacted 9.76 million shares worth N228.47 million.
The total volume traded increased by 3.11 per cent to 282.97 million units, valued at N3.37 billion exchanged in 4,245 deals.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Agriculture
Farmers seek transparent distribution of farm inputs in Ebonyi
Farmers in Ebonyi have urged the government to ensure that agricultural inputs are distributed effectively to boost food production.
Agriculture
Kaduna workshop charts post-project strategy against child labour in ginger farming
Stakeholders called for government support to consolidate gains recorded under the child labour eradication project in Kaduna’s ginger-producing communities.
Abuja
Akpabio declares National Assembly Week open, urges greater transparency
President of the Senate, Godswill Akpabio, on Wednesday in Abuja, declared the National Assembly Open Week open.
Sport
2026 World Cup: We were not at our best against Spain, says Mbappe
Deschamps’ last match as head coach of the team would be the third-place match between France and the loser of the semi-final match between Argentina and England.
Anti-Corruption
I have kept my promise to Ham people, says Gov Uba Sani
Governor Uba Sani has broken a 20-year-old jinx in Jaba local government, with the commissioning of five township roads in Kwoi, the headquarters of the area council.
![Governor Ahmed Ododo of Kogi [Photo Credit: Twitter]](https://gazettengr.com/wp-content/uploads/G_al6PKXIAAfMKN.jpg)
Education
Terrorists kidnap Kogi principal, four students during NECO exam
Terrorists have kidnapped the principal of Government Secondary School, Odo-Ekina, and four students sitting the National Examinations Council examination on Tuesday.
