Dangote Cement maintained its leadership on the Nigerian Stock Exchange (NSE), leading the price gainers’ table for the second consecutive trading day.
The stock appreciated further on Friday by N4 to close at N210 per share.
Access Bank followed with a gain of 50k to close at N8.30, while Guinness also gained 50k to close at N79.50 per share.
Unilever rose by 40k to close at N43.90, while Zenith Bank added 35k to close at N22.90 per share. The market indices rebounded by 0.54 per cent.
The All-Share Index inched higher by 177.06 points or 0.54 per cent to close at 32,841.89 against 32,664.63 achieved on Thursday.
Also, the market capitalisation, which opened at N11.925 trillion, rose by N64 billion or 0.54 per cent to close at N11.989 trillion.
Conversely, Nestle recorded the highest price loss of N30 to close at N1,370 per share.
Forte Oil trailed with a loss of N2.05 to close at N20.15, while CAP was down by 95k to close at N30.05 per share.
GlaxoSmithKline dropped 80k to close at N12.70, while PZ declined by 20k to close at N12.40 per share.
The financial services sector dominated trading activities with Hallmark Insurance trading 91.22 million shares worth N25.54 million.
Fidelity Bank followed with 14.53 million shares valued at N27.34 million, while Acess Bank sold 10.49 million shares worth N84.13 million.
FCMB Group exchanged 9.25 million shares valued at N14.47 million, while Zenith Bank accounted for 8.55 million shares worth N194.12 million.
In all, a total of 212.65 million shares valued at N1.46 billion were exchanged by investors in 2,385 deals.
This was in contrast to the 173.63 million shares worth N3.66 billion exchanged in 2,974 deals on Thursday.
In another development, the Senior Special Assistant to Gov. Godwin Obaseki of Edo on Special Duties and Social Enterprise, Mr. Mandela Obaseki, has said that about 640 youths in the state will be exposed to a five-day business clinic to boost their entrepreneurship capacity.
Obaseki, who made the disclosure in Benin, said the 640 youths were earlier exposed to a one-day training on growing small-scale businesses that held in September this year.
He said the training was organised by the state’s Ministry of Wealth Creation, Cooperatives and Employment in collaboration with the Social Enterprise Office.
“The population of the state is youth based and the youth form the focus of our social enterprise initiative.
“The initiative is about linking Small and Medium Enterprises (SMEs) to organisations with the aim of solving social problems such as unemployment and poverty.
“We have established a working relationship with PRESCO Plc to empower youths with skills on oil palm production and its value chain.
“We are currently building the capacity of youths who own micro and small businesses via exposing them to training and business clinics,” he said.
The governor’s aide said the clinic would be held before the end of the year inside the Edo Innovation Hub located in Benin, the state capital.
“The youths will be trained on access to funding opportunities, business management and how to be efficient entrepreneurs,” he said.
