The Nigerian stock market wrapped up the trading week with a 0.12 percent growth in the All-Share Index (ASI) on Friday. After five hours of trading, the ASI climbed to 71,112.99 from 71,025.16 the previous day. Throughout the week, the market performance saw a 0.37 percent increase to 71,112.99 from 70,849.38 at the start of the week on Monday. Additionally, the market capitalization rose by N48.299 billion to N39.108 trillion from N39.060 trillion recorded on Thursday. Market breadth also ended positively with 35 stocks advancing, 18 declining, and 60 remaining unchanged in 5,883 deals. Multiverse Mining and Exploration and Prestige Assurance Plc were the top gainers, each experiencing a 10 percent growth to close at N3.63 and N0.55 from their previous prices of N3.60 and N0.50 per share. Mecure Industries, C&I Leasing, and Northern Nigeria Flour Mills Plc completed the list with 9.98 percent, 9.93 percent, and 9.89 percent growth in share prices respectively. On the other hand, ABC Transport Plc led the losers’ table after shedding 10 percent off its share price to close at N0.81 from the previous N0.90. Beta Glass followed with a loss of N5.95 to close at N 54.00 from the opening price of N 59.95, representing a -9.92 percent drop in its share price. Jaiz Bank traded 95.206 million shares valued at N153.24 million in 113 deals to lead the volume of trade today. Guaranty Trust Holding (GTCO) followed with 35.331 million shares worth N1.307 billion traded by investors in 170 deals. GTCO led the day based on the value of traded stocks with N1.3 billion in 170 deals followed by SEPLAT with N1.02 billion in 48 deals and MTNN and N783 million in 193 deals.
