PRESCO, Airtel Africa, NESTLE, and other 36 stocks, led by International Energy Insurance, helped the Nigerian stock market close higher last week.
The All Share Index and market capitalization both increased by 0.16% to 52,594.68 points and N28.647 trillion, respectively.
A total of 1.24 billion shares were traded in 18,560 transactions totaling N15.668 billion.
The market breadth closed positive, with 39 stocks rising and 30 falling in share price.
GAINERS
International Energy Insurance led other gainers in the course of last week with 28.95% growth, closing at N0.49 from the previous close of N0.38.
MRS, NAHCO, Sunu Assurance, and Abbey Building grew their share prices by 13.48%, 12.86%, 12.12%, and 9.80% respectively.
Other top 10 gainers include PRESCO 9.68%, CWG 9.47%, CAVERTON 9.38%, JOHNHOLT 9.09%, and Cornerstone Insurance 9.09% respectively.
LOSERS
Livestock Feeds led other price decliners, shedding 13.85% of its share price to close at N1.12 from the previous close of N1.30.
C & I Leasing, UPDC, Sovereign Trust Insurance, and International Breweries shed 10.00%, 9.62%, 7.14%, and 7.00% respectively.
Other price decliners include GEREGU (6.85%), Royal Exchange (6.59%), Mutual Benefits (6.25%), Zenith Bank (4.31%), and PZ (4.27%) respectively.
