By Modupe Gbadeyanka
The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note as the All-Share Index (ASI) and the market capitalisation depreciated by 8.66 points and N3 billion respectively to close at 25,746.52 points and N8.908 trillion.
This reversed the 1.11 percent rise the market recorded yesterday against the 0.03 percent loss today, leaving the year-to-date return at -4.20 percent.
But despite the N3 billion lost by investors in contrast to the N98 billion gain on Thursday, the market breadth ended positive on Friday with 16 gainers compared with 14 losers.
Lafarge lost N2.50k today to close at N47.50k per share, while Total fell by 65k to finish at N259.35k per share.
Guinness went down by 45k to end at N60.5k per share, Oando declined by 30k to finish at N5.90k per share and UAC-Prop crashed by 6k to close at N1.70k per share.
It was a good day for International Breweries as it added 79k to close at N16.68k per share, while Ecobank gained 40k to finish at N8.45k per share.
Dangote Flour also rose by 40k to end at N4.56k per share, Nigerian Breweries advanced by 37k to finish at N125 per share and Air Service progressed by 19k to close at N4.9k per share.
Investors in Friday traded a total of 108 million shares on the floor of the NSE worth N908 million executed in 2,405 deals.
Fidelity Bank, FCMB and Diamond Bank enjoyed the patronage of investors today.
Fidelity Bank traded 26 million shares worth N21.2 million, FCMB transacted 13.3 million shares valued at N15.4 million and Diamond Bank exchanged 7.9 million units at N6.7 million.
Adedapo Adesanya