The stock market ended the week on a positive note on Friday, recording a gain of N486 billion.
The market only traded for three days as Monday and Thursday were declared public holidays for Eid Kabir and Democracy Day.
Market capitalisation rose by N486 billion or 0.67 per cent, closing at N72.788 trillion, up from N72.302 trillion on Wednesday.
The All-Share Index (ASI) gained 770.43 points or 0.67 per cent, closing at 115,429.54, up from its previous 114,659.11.
Gains were driven by interest in medium and large-cap stocks such as May & Baker, Infinity Trust, Stanbic IBTC, MRS, and others.
Market breadth also closed positive with 50 gainers compared to 22 losers.
May & Baker led the gainers, rising by 10 per cent to close at N15.40 per share. Infinity Trust Mortgage Bank followed, also gaining 10 per cent to end at N7.70 per share.
Livingtrust Mortgage Bank increased by 10 per cent to close at N5.72 per share. Stanbic IBTC climbed 9.98 per cent, ending the session at N79.35 per share.
MRS gained 9.94 per cent to settle at N155.90 per share. Northern Nigeria Flour Mills led the laggards, dropping 10 per cent to close at N112.55 per share.
Conoil fell by 9.99 per cent, ending at N241.50 per share. Nigerian Enamelware declined by 9.98 per cent to close at N18.50 per share.
University Press dropped 9.84 per cent, settling at N5.50 per share. John Holt fell by 9.49 per cent to end at N6.20 per share.
A total of 933.26 million shares worth N17.95 billion were traded across 20,500 deals.
This contrasts with 471.15 million shares valued at N14.19 billion traded in 20,538 deals on Wednesday.
Tantalizer led trading with 420.45 million shares valued at N946.06 million. GTCO followed with 35.44 million shares worth N2.52 billion.
Zenith Bank traded 34.72 million shares worth N1.75 billion. Computer Warehouse Group recorded 29.81 million shares worth N278.19 million.
First Holdco transacted 27.28 million shares valued at N779.16 million.
