The Nigerian Nigerian Stock Exchange (NSE) traded in positive territory on Friday as the major market indicator, All share index, grew 0.38% to close at 26,968.79 index points. The equity market capitalisation hit the N13 trillion mark as the stock market recorded 6,071 deals in trades of 608.86 million units of shares valued at N3.76 billion.
Niger Insurance Plc gained the most on the bourse today with 10% gain to close at N0.22 followed by Cornerstone Insurance, which gained 8.16% to close at N0.53.
Africa Prudent Plc gained 6.25% to close at N4.25 and Etisalat Transnational gained 6.11% to close at N6.95 while Mutual Benefit rounded off the list with 5% gain to close at N0.21.
On the flip slide, Deap Capital was the worst-performing stock today as it shed 10% of its stock value to close at N0.36 alongside Omatek ventures, which also lost 10% to close at N0.45. Neimeth Pharmaceuticals lost 9.68% to close at N0.56. Linkage Assurance lost 9.43% to close at N0.48 while Interlink technology shed 9.06% closing at N2.91 to round off the list.
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Top trades by volume
Niger Insurance was most actively traded in the stock market as it attracted trades in 127.2 million units of shares at N27.99 million across 3 deals followed by Veritas Kapital Assurance, which traded 121.2 million units of shares valued at N24.24 million across 4 deals.
Zenith Bank Plc traded 63.5 million shares valued at N1.21 billion across 748 deals. UBA traded in N46.04 million unit of shares at N340.67 million across 348 deals while Japaul Oil capped the list with trades in 30.16 million units of shares at N6.04 million across 18 deals.