The Nigerian Inventory Alternate witnessed a market reversal as fairness traders gained N364bn following an enchancment within the All-Share Index, which surged by 0.57 per cent to shut at 104,549.74 factors.
The market capitalisation now stands at N64.5tn.
This marked a 1.67 per cent achieve for the week, together with a 1.58 per cent year-to-date achieve.
Among the many high gainers, Aradel Holdings led the pack, appreciating by 10 per cent to finish at N594.00 per share, adopted by Chellarams (+9.98 per cent), Stanbic IBTC Holdings (+9.92 per cent), and College Press (+9.64 per cent).
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However, Caverton Offshore Assist Group led the losers with a ten per cent drop, closing at N2.07 per share, whereas McNichols (-10 per cent), Thomas Wyatt Nigeria (-9.8 per cent), and Veritas Kapital Assurance (-9.79 per cent) adopted intently.
Regardless of these optimistic actions, Common Insurance coverage recorded the best quantity of 33.6m shares, adopted by Constancy Financial institution with 31.9m shares and FCMB Group with 23.1m shares, contributing to the day’s notable buying and selling exercise.
Notably, the Oil & Fuel Index outperformed, rising by 3.34 per cent, whereas the Banking Index rose by 0.75 per cent, reflecting optimistic investor sentiment within the sector. The Shopper Items Index additionally gained by 0.81 per cent.
