The Nigerian All-Share Index closed Friday, 14th November, on a positive note, adding 32.42 points to finish at 147,013.59.
This marks a 0.02% uptick from the previous day’s close of 146,981.20, reclaiming the 147,000 level.
Market activity strengthened noticeably, with trading volume surging to 4.8 billion shares, a sharp rise from 599 million shares recorded the day before.
Equity capitalization mirrored the upbeat sentiment, climbing to N93.5 trillion across 24,152 deals.
In terms of market volume, CORNERST (Cornerstone Insurance) dominated activity, trading 4.2 billion shares or 86% of the day’s total turnover.
Stocks Worth Over One Trillion Naira (SWOOTs) closed mixed.
Among the FUGAZ group, performance was largely negative.
ACCESSCORP and FIRSTHOLDCO recorded zero price movement.
The Nigerian stock market remains on a corrective path after dipping to 141,000 on 11th November, as it continues to target a recovery above the 150,000 mark.
Sustained bullish movements in large- and mid-cap stocks that have recently retraced could help lift the index higher in the coming weeks.