The volume of shares traded improved by 9.37 per cent when compared with the volume of shares transacted on Thursday.
The market closed negative with 19 laggards against 17 gainers.
Analysts attributed the persistent lull to increasing rates in the fixed income market.
In all, the total volume of trades decreased by 59.1 percent as investors bought and sold 222.57 million shares valued at N5.39 billion.
BUA Cement rose by 3.82 percent to close at N74.75.
The loss was driven by price depreciation in large and medium capitalised stocks.
Also, the market capitalisation of listed equities declined by N11 billion to N21.025 trillion from N21.036 trillion reported on Thursday.
Julius Berger, Livingstone Merchant Bank and Cornerstone Insurance led the gainers chart in terms of percentage.
An investment expert attributed the persistent lull to profit-taking and sell pressure, ahead of earnings season.
Market breadth closed positive with 32 gainers as against two losers.
