The Nigerian capital market rebounded from three consecutive losses on Friday with the investors taking home N379.1 billion at the close of the day’s business.
This followed the rise in equity capitalization by 1.41 percent after eight hours of trading on the floor of the capital market.
The development pushed up the equity capitalization to N27.16 trillion from N26.78 trillion posted on Thursday.
Similarly, the All-Share Index was up by 703.11 basis points to close trading at 50,370.25 against 49,667.14 recorded the previous day.
Investors traded 254.77 million shares valued at N2.81 billion in 4,905 deals on Friday.
This investment surpassed the 206.21 million shares worth N3.92 billion traded by the shareholders in 5,053 deals on Thursday.
UBN led the gainers with N0.50kobo to rise from N5 to N5.50kobo per share.
Multiverse gained N0.17kobo to move from N1.71kobo to N1.88kobo per share.
Transcorp’s share value was up by N0.10kobo to end trading with N1.12kobo from N1.02 per share.
