Nigeria's equity market gained 3.76 percent week-on-week with the main index closing the week at 32,717 points, lifted by gains in cement, banking and hospitality sector.
The market gained 0.81 percent on Friday compared with 0.12 percent gain recorded the previous day.
Dangote Cement, which accounts for the third of the market capitalisation gained 8.5 percent to close at 194 naira per share, while First Bank holdings (FBNH) climbed by 0.45 percent to close at 8.45 naira , United Bank for Africa (UBA) rose by 0.35 percent to close at 8 naira, Nigerian Breweries which posted a 37 percent drop in its profit before tax for 2018 financial year also gained 5 percent to closed at 83 naira at the day's trading.
A total tansaction of 808.64 million shares were traded in 6,177 deals at the cost of 6.48 billion naira on Friday
A total tansaction of 808.64 million shares were traded in 6,177 deals at the cost of 6.48 billion naira on Friday
The three most actively traded stocks were Diamond Bank (141.62 million), Transcorp (117.65 million) and AXA Mansard Insurance (94.59 million)
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