Investors pocket N20.4bn as market cap rises by 0.1%

The equity capitalization at the Nigerian capital market rose by 0.1 percent at the close of trading on Friday.

Consequently, the equity capitalization increased by N20.43 billion from N21.27 trillion to N21.29 trillion at the close of the day’s business.

The All Share Index was up by 39.21 to close at 40,868.36 compared to 40,829.15 posted the previous day.

Investors traded 331.05 million shares valued at N2.91 billion in 3,986 deals on Friday.

This was lower than the 812.29 million shares worth N10.57 billion that exchanged hands in 4,863 deals on Thursday.

Today’s market ended with UPL topping the gainers’ chart after its share price rose by N0.14kobo to move from N1.44kobo to N1.58kobo per share.

Sovereign Insurance share price was up by 9.09 percent to end trading at N0.24kobo from N0.22kobo per share.

Caverton gained 6.33 percent to move from N1.58kobo to N1.68kobo per share at the end of trading.

NPF Microfinance share price appreciated by 5.26 percent to end trading with N1.80kobo from N1.71kobo per share.

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