The Nigerian stock market closed Friday’s trading session on a mixed note, as total market value rose by ₦184 billion even though the All-Share Index (ASI) recorded a slight drop. Data from the Nigerian Exchange Limited showed that market capitalization increased by 0.17 percent to ₦106.153 trillion, up from ₦105.969 trillion in the previous session.

The rise in market value was mainly driven by fresh listings on the Exchange. Presco added over 166 million ordinary shares, while GTCO listed 125 million ordinary shares at ₦80 each. These new listings helped boost the overall market capitalization despite the weak performance of the benchmark index.

Meanwhile, the ASI slipped by 0.09 percent, losing 156.91 points to close at 165,370.40. Market activity remained positive, with 34 stocks gaining while 31 recorded losses. Zichis Agro Allied Industries led the gainers with a 9.97 percent increase, followed by Abbey Mortgage Bank and RT Briscoe. On the losing side, Learn Africa, Livestock Feeds, and Livingtrust Microfinance Bank dropped by 10 percent each.

Trading volume and value saw a slight decline, as investors exchanged 687.4 million shares worth ₦14.9 billion in 41,553 deals. Veritas Kapital topped the volume chart, while Aradel Holdings recorded the highest value of trades. Overall, the session reflected cautious investor sentiment, balanced by the impact of new share listings.