Weekly transactions on the Nigerian Stock Exchange (NSE) ended positively? on Friday as the All-Share Index grew by 188.71 points or 0.75 per cent to close at 25,337.18.
?The News Agency of Nigeria (NAN) reports that this was against the 25,148.47 recorded on Thursday.
Capital market analysts said that rise in the index was due to the huge price gains recorded by some highly capitalised stocks.
As a result of the gains, the market capitalisation of all listed securities rose by N6 billion to close at N8.065 trillion against the N8.005 trillion recorded on Thursday.
NewGold led the gainers’ chart, chalking up N25 to close at N2,687 per unit.
Nigerian Breweries followed with a gain of N5.51 to close at N137.50, while Flourmills gained N3 to close at N63.20 per share.
UACN gained N1.85 to close at N39.03 per share, while GlaxoSmithKline grew by N1.66 to close at N35.20 per share.
On the other hand, Julius Berger led the price losers, shedding 79k to close at N28.01 per share.
Lafarge Wapco dipped by 73k to close at N50 per share, while Arbico lost 54k to close at N10.39 per share.
Access fell by 30k to close N9.25, while UPL dropped by 22k to close at N4.36 per share.
In all, investors exchanged 423.75 million shares worth N2.9 billion in 4,878 deals against the 451.35 million shares worth N3.2 billion traded in 4,962 deals on Thursday. ?
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