Also, the All-Share Index was up by 353.82 points or 0.7 per cent to close at 51,222.34 compared to 50, 868.52 on Thursday.
Market breadth closed positive with advancing 16 stocks outnumbering 13 declining ones.
The upturn was impacted by gains recorded in large capitalised stocks, amongst which are MTN Nigeria, Airtel Africa and Seplat.
The loss was driven by price depreciation in FBN Holdings, Access Holdings and WAPCO.
The market capitalisation of listed equities decreased by N28 billion or 0.10 per cent to N27.685 trillion from N27,713 trillion recorded on Wednesday.
“The stock market closed positively, as bargain hunting was seen in all the major sectors,” according to analysts at GTI Research.
The downturn was impacted by losses recorded in Royal Exchange Assurance, Academy Press, and other stocks.
The bearish performance was buoyed by investors’ profit-taking sentiment in all the major sectors except the industrial sector that was unchanged.
Market capitalisation inched lower by N126 billion to close at N20.094 trillion from N20.220 trillion achieved on Friday.
