Transactions on the Nigerian Stock Exchange (NSE) rebounded on Friday, with the market indices appreciating by 2.25 per cent.
Reports have it that the All-Share Index increased by 684.32 basis points to close higher at 31,049.37 against 30,365.05 achieved on Thursday due to price gains.
Also, the market capitalisation rose by N227.93 billion or 2.25 per cent to close at N10.360 trillion, compared with N10.131 trillion posted on Thursday following price appreciation by blue chip equities.
An analysis of the price movement chart showed that Mobil Oil led the gainers’ table, improving by N5.20 to close at N161 per share.
Total Plc followed with a gain of N4.50 to close at N144.50, while GT Bank appreciated by N2.25 to close at N24.28 per share.
Zenith Bank advanced by N1.94 to close at N20.94 and ConOil gained N1.61 to close at N33.81 per share.
On the other hand, Seplat topped the losers’ chart, dropping by N20 to close at N430 per share.
It was trailed by Presco with a loss of N1.16 to close at N30.77, while CAP dipped N1.58 to close at N38.20 per share.
Flour Mill lost N1.07 to close at N33.85, while Berger Paint dipped 45k to close at N8.55.
Access Bank emerged the most traded stock with an exchange of 124.14 million valued at 817.52 million transacted in 401 deals.
FBN Holding came second with 104.94 million shares worth N922.48 million achieved in 858 deals.
UBA accounted for 60.30 million shares valued at N244.86 million traded in 463 deals, while Transcorp sold 43.96 million shares worth N125.54 million transacted in 193 deals.
FCMB Group recorded a turnover of 43.82 million shares, valued at N104.41 million exchanged in 194 deals.
In all, investors’ staked N7.46 billion on 601.34 million shares transacted in 4,713 deals, representing an increase of 58.77 per cent.
This was against a turnover of 378.75 million shares, worth N4.12 billion traded in 3,883 deals on Thursday.