Equity trading on the Nigerian Exchange closed with mixed sentiment on Friday, as market capitalization gained N184 billion despite a marginal decline in the All-Share Index (ASI).

Data from the Nigerian Exchange Limited showed that total market capitalization rose by 0.17 percent to N106.153 trillion, up from N105.969 trillion in the previous session. The increase was primarily driven by new listings, including Presco’s 166,666,667 ordinary shares and GTCO’s 125,000,000 ordinary shares priced at N80 each.

In contrast, the benchmark ASI slipped by 0.09 percent, losing 156.91 points to close at 165,370.40, compared with 165,527.31 in the prior session.

Market breadth ended positive, with 34 equities recording price gains, while 31 stocks declined.

Top Gainers:

Zichis Agro Allied Industries surged 9.97 percent to close at N4.19.

Abbey Mortgage Bank rose 9.94 percent to N9.40.

RT Briscoe advanced 9.93 percent to N7.86.

Haldane McCall gained 9.90 percent to N4.33.

Omatek Ventures increased 9.89 percent to N3.00.

Top Losers:

Learn Africa, Livestock Feeds, and Livingtrust Microfinance Bank each dropped 10 percent, closing at N8.10, N6.30, and N4.05, respectively.

Deap Capital Management fell 9.97 percent to N9.39.

McNicholas lost 9.93 percent to close at N6.35.

Trading activity showed a slight slowdown, with 687.4 million shares valued at N14.9 billion exchanged across 41,553 deals. This marked a decline in both volume and value compared with 691.4 million shares worth N15.4 billion traded in the previous session, despite a rise in transaction count.

Veritas Kapital led by trading volume, exchanging 80.47 million shares, accounting for 11.71 percent of total trades. Aradel Holdings recorded the highest trade value at N2.31 billion, representing 15.43 percent of total market turnover.