The market opened four days due to the May Day holiday, and FBN Holdings led the gainers’ table by 32.68 per cent to close at N27 per share.
The first trading session of the year kicked off on a positive note due to bargain hunting on BUA Cement.
The bellwethers are BUA Cement, MTN Nigeria Communications (MTNN) and Airtel Africa.
The negative performance was driven by market watchers’ sell-off sentiment in the banking sector.
A bargain-hunting for MTNN stocks rallied the market to a positive outcome on Thursday.
The bullish run was influenced by gains in medium and large capitalised stocks.
The Nigerian stock market opened trading for the month of August on Monday with a growth of N30 billion.
BUA Cement rose by 3.82 percent to close at N74.75.
