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A 2.62% and 2.33% gain in the price of Airtel Africa and MTN Nigeria respectively, result in the Stock Market to close on a bullish note at the end of todays trading session.

Transactions on the floor of the Stock Exchange on Friday, closed on a positive note as the All Share Index appreciated by 1.04% to settle at 48.154.65 from the previous close of 47.656.64. This brings the year-to-date to 12.73%, the month-to-date to 9.86% and the week-to-date to 7.93% respectively.

Market Capitalisation closed at N26.229trillion. An aggregate of 159.833units of shares were traded in 3,080 deals valued at N5.046billion.

Market Breadth

The market breadth closed positive as 23 equities gained while14 equities declined in their share prices.

Percentage Gainers

Thomas Wyatt  led other gainers with 10% growth to close at N0.44 from the previous price of N0.40.

Wema Bank, Ardova and PZ Plc amongst other gainers also grew their share prices by 9.94%, 9.71% and 9.55% respectively.

Percentage Losers

Academy Plc led other price decliners as it shed 9.35% off it share price to close at N1.26 from the previous close of N1.39.

Japaul Gold, NASCON and Geregu Plc amongst other losers also shed their share prices by 6.90%, 6.54% and 5.68% respectively.

Volume Drivers

First Bank traded about 47.952million units of its shares in 143 deals, valued at N536.961million.

MTN Nigeria traded about 14.514million units of its shares in 187 deals, valued at N3.186billion.

FCMB  traded about 13.367million units of its shares in 110 deals, valued at N43.483million.

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