The share price of Eunisell rose on Friday by the maximum 10.00 per cent daily surge for stocks on the Nigerian Exchange (NGX) Limited.
The leading chemicals and specialty fluids management company topped the gainers’ chart of the bourse yesterday, closing at N48.40.
UPDC gained 9.92 per cent to finish at N6.98, Sovereign Trust Insurance rose by 9.51 per cent to N3.57, Universal Insurance improved by 9.09 per cent to N1.20, and DAAR Communications chalked up 8.74 per cent to finish at N1.12.
On the flip side, LivingTrust Mortgage Bank lost 10.00 per cent to trade at N4.50, International Energy Insurance weakened by 8.39 per cent to N2.73, Consolidated Hallmark shrank by 6.29 per cent to N4.47, Sterling Holdings depreciated by 4.88 per cent to N7.80, and Coronation Insurance depleted by 4.55 per cent to N3.15.
Business Post reports that Customs Street remained bullish by 0.42 per cent on the last trading session of the week, mainly driven by the 1.27 per cent growth posted by the consumer goods sector.
The insurance index was up by 0.92 per cent on Friday, the industrial goods space appreciated by 0.29 per cent, and the banking space marginally went up by 0.01 per cent, while the commodity industry closed flat, with the energy depleted by 0.11 per cent.
At the close of business, the All-Share Index (ASI) closed higher by 622.60 points to 148,977.64 points from 148,355.04 points and the market capitalisation gained N396 billion to finish at N94.561 trillion compared with the previous day’s N94.165 trillion.
A total of 481.0 million stocks valued at N16.8 billion were transacted in 22,854 deals yesterday compared with the 432.4 million stocks worth N16.9 billion traded in 23,665 deals a day earlier, showing an increase in the trading volume by 11.24 per cent and a drop in the trading value and number of deals by 0.59 per cent and 3.43 per cent apiece.
UBA dominated the activity chart after selling 59.2 million shares worth N2.5 billion, Access Holdings exchanged 50.4 million equities for N1.3 billion, Fidelity Bank transacted 47.0 million shares valued at N944.0 million, Sovereign Trust Insurance traded 34.2 million stocks worth N120.9 million, and Tantalizers sold 24.6 million equities valued at N54.5 million.