*As Zenith, four others were most patronized
AT the close of business on Friday, FCMB traded 932.889 million shares representing 80.87 per cent of the total volume of 1.154 billion shares traded at the Nigerian Exchange.
This was transacted in 149 deals at a price increase of 1.45 per cent to close at N3.50 per unit cost. This volume also was valued at N3.491 billion and a market capitalization of N69.309 billion.
The Bank earlier in the month presented its second-quarter forecast for the period ended June 30th, 2022 with a gross earning of N59.873 billion and Profit After Tax of N5.679 billion.
However, the total of 1.154 billion shares worth N7.028 billion was traded I 3,928 deals. The twin market indicators at the exchange both appreciated marginally by 0.2 per cent each. The market capitalization added N39 billion to close at N25.566 trillion while the index improved with 73.50 basis points to close at 47,437.48 points.
Meanwhile, others in the top five most traded in terms of volume on Friday were Zenith Bank with 29.947 million shares, Access Bank with 22.509 million shares, Fidelity with 19.310 million shares, and UCAP with 16.880 million shares respectively.
On the green side, Niger Insurance recorded the highest gain with 10 per cent increase to close at N0.22 followed RT Briscoe, UPDC UACN, and Cornerstone with a price gain of 8.96 per cent to close at N0.73, 7.61 per cent to close at N0.99, 5.97 per cent to close at N10.65 and 5.71 per cent to close at N0.74 respectively.
On the red side, Royal Exchange led with a price drop of 9.70 per cent to close at N1.21 followed by Ellah Lakes, Pharma Deko, Linkage Assurance, and Unilever with a price drop of 9.57 per cent to close N3.12, 8 per cent to close at N1.84, 7.14 per cent to close at N0.52 and 5.71 per cent to close at N13.20 respectively.
