Activities on the Nigerian Exchange Ltd recorded marginal loss on Friday with market capitalisation losing two billion naira on profit taking.
Specifically, the market capitalisation which opened at N24.034 trillion lost two billion naira to close at N24.032 trillion.
Also, the All-Share Index dipped 4.08 points to close at 44,604.74 against 44,604.74.
Consequently, the year-to-date return was unchanged at 4.4 per cent.
The market negative performance was driven by price depreciation in large and medium capitalised stocks which are; Custodian Investment, UACN, NEM Insurance, Stanbic IBTC Holdings and Unilever.
Accordingly, market sentiment was negative with 15 laggards against 14 gainers.
NEM Insurance led the losers’ chart in percentage terms by 10 per cent to close at N3.96 per share.
Custodian Investment followed with 9.49 per cent to close at N7.15, while UACN lost 5.21 per cent to close at N9.10 per share.
FTN Cocoa Processors dipped 5.13 per cent to close at 37k, while Japaul Gold and Ventures shed 4.44 per cent to close at 43k per share.
On the other hand, Transcorp led the gainers’ chart in percentage terms by 9.71 per cent to close at N1.13 per share.
Consolidated Hallmark Insurance followed with 7.94 per cent to close at 68k, while Regency Alliance Insurance up by 7.14 per cent to close at 45k per share.
Jaiz Bank rose by 6.06 per cent to close at 70k, while International Breweries gained 4.04 per cent to close at N5.15 per share.
Transactions in the shares of Transcorp topped the activity chart with 104.58 million shares valued at N115.22 million.
Jaiz followed with 66.71 million shares worth N45.05 million, while Mutual Benefits traded 13.75 million shares valued at N3.76 million.
FBN Holdings traded 12.59 million shares worth N151.30 million, while Guaranty Trust Bank Holding Company transacted 10.92 million shares worth N277.93 million.
In all, the total volume traded increased by 20.8 per cent to 321.75 million shares valued at N3.66 billion in 4,565 deals.
This was in contrast with 266.33 million shares worth N3.82 billion achieved in 4,502 deals on Wednesday.