However, analysis of the market activities showed trade turnover settled lower relative to the previous session.
The indices rallied by 0.14 per cent on Friday following bargain hunting in attractive dividend paying stocks.
Transacorp dominated the activity chart with 45.13 million shares worth N42.14 million.
The bearish mood was occasioned by profit-taking in Guaranty Trust and 15 other stocks.
In all, investors bought and sold a total of 209.19 million shares worth N2.01 billion in 3,240 deals, representing an increase 1.82 per cent.
In spite of the growth in market indicators, the market closed negative with 20 losers in contrast with 15 gainers.
