Investors at the Nigerian stock market recorded N148 billion on Friday, 28 March, 2025 to end the week on a bullish trend.
At the end of Friday’s trading, details showed that market capitalisation rose by N148 billion, or 0.22 percent, to close at N66.257 trillion, compared with N66.109 trillion on Thursday.
Similarly, the All-Share Index (ASI) also climbed by 234.52 points or 0.22 percent to settle at 105,660.64.
The uptrend was driven by strong buying interest in medium and large-cap stocks such as GTCO, NASCON, and MRS.
Additionally, the release of full-year financial results and corporate actions from some listed companies further boosted investor confidence.
Meanwhile, the market breadth closed negative with 32 losers and 24 gainers.
On the losers’ table, Africa Prudential and International Energy Insurance dropped by 10 percent each, to close at N13.05 and N1.62 per share, respectively.
Cadbury Nigeria declined by 9.42 percent to close at N23.55, and UPDCREIT fell by 9.09 percent to close at N5.50 per share.
