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First Bank, Transcorp trade high as Nigerian stockholders end trade with N105.51bn

The Nigerian stock exchange recovered slightly on Friday by 0.42 percent to close the bourse with N105.51 billion gain after Thursday’s loss, IgbereTV reports.

It had ended trading session during the previous day at N24.79 trillion market capitalisation, but Cornerstone and Vitafoam led the rally that upped shareholders’ total investment to N24.89 trillion.

After picking up 195.82 basis points, the All-Share Index jumped to 46,205.05 ASI today, against the 46,009.23 points reported on Thursday.

Investment into the capital market today was put at over 313.44 million shares traded in 5,067 deals worth N5.03 billion.

Investors improved their participation when compared to the over 279.44 million shares exchanged with N2.76 billion in 4,582 deals.

Today’s trading session ended with Cornerstone heading the top five gainers with 10 percent appreciation in its share, which rose to N0.55kobo per share from N0.50kobo.

Vitafoam share increased in value, gaining N2.20kobo to end trading with N24.40kobo from N22.20kobo per share.

Ecobank share was up N1.15kobo to move from N11.95kobo to N13.10kobo per share.

Academy share was up by 9.30 percent to move from N0.86kobo to N0.94kobo per share.

NEM gained N0.29kobo percent as the share ended trading with N3.49kobo from N3.20kobo per share.

Anambra man of the year award
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