The Nigerian Exchange Ltd. (NGX) closed the week bullish on Friday with N1.105 trillion profit added to the portfolios of investors.

Demands for Nigerian Aviation Handling Company, Deap Capital Management, Omatek Ventures, Zichis Agro Allied Industries, Austinlaz and 55 other equities drove the market’s positive performance.

Specifically, the market capitalisation which opened at N109.129 trillion, gained N1.105 billion or 1.01 per cent to close at N110.234 trillion.

The All-Share Index also gained by 1.01 per cent or 1,722.13 points, to close at 171,727.49, against 170,005.36 recorded on Thursday.

This led the Year-to-date return to 10.36 per cent.

Also, the market breadth closed positive with 60 gainers and 19 losers.

Nigerian Aviation Handling Company, Deap Capital Management and Omatek Ventures led the gainers’ chart by 10 per cent each, finishing at N136.40, N6.82 and N2.64 per share respectively.

Zichis Agro Allied Industries and Austinlaz grew by 9.98 per cent each, closing at N6.72 and N5.40 per share respectively.

Conversely, The Initiates led the losers’ chart by 9.74 per cent, settling at N19.45, Daar Communications trailed by 7.32 per cent, closing at N1.90.

The United Capital shed by 6.55 per cent, finishing at N18.55 per share.

Also, WAPIC Insurance dipped by 5.71 per cent, ending the session at N3.30 and First Holding Company lost by 5.53 per cent, closing at N47 per share.

A total of 953.8 million shares worth N43.1 billion were exchanged in 51,005 deals, against 712.9 million shares valued at N22.3 billion that was traded across 46,104 transactions.

This showed a 34 per cent increase in volume, 94 per cent growth in turnover, and 11 per cent improvement in deals.

Fidelity Bank recorded the highest volume with 92.39 million shares traded, accounting for 9.69 per cent of the day’s total volume.

Presco recorded the highest value traded at N11.27 billion, accounting for 26.15 per cent of the total value traded for the day.

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