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Meanwhile, the volume of traded units rose by 39.91 per cent to 478.38 million valued at N7.17bn, which was 11.97 per cent higher than Wednesday’s value of trade. The number of deals increased to 10.957 from 9,665.
Transactions rebounded on the Nigerian Exchange (NGX) on Friday with the market capitalisation increasing by N345 billion, after days of negative trend. The market capitalisation closed at N55.735 trillion, compared with N55.390 trillion achieved on Thursday, a growth of 0.62 per cent. The market capitalisation also shed N1.42 trillion in total for the week, having lost
As a result, market breadth closed positive with 36 advancing stocks, compared with 26 declining ones. | Pulse Nigeria
Analysis of the market activities indicated that trade turnover settled lower relative to the previous session, as the value of transactions declined by 15.68 per cent. | Pulse Nigeria