The Nigerian stock market ended last week on a high note, with 0.79% growth week on week. The market has returned 16.36% year to date, with the All Share Index and Market Capitalisation standing at 49,706.09 points and N27.074 trillion, respectively.
Last week, an estimated 860.93 million shares were traded in 14,502 transactions totalling N16.13 billion.
The market breadth closed positive, with 41 equities gaining against 17 equities declining in share price.
TOP 10 GAINERS
Thomas Wyatt led other gainers last week with a 42.11% increase, closing at N0.81 from the previous close of N0.57.
The share prices of Royal Exchange, Champion Breweries, Ardova, and Custodian Investment all increased by 16.47%, 14.63%, 12.57%, and 11.21%, respectively.
Julius Berger (9.91%), University Press (9.83%), Fidelity Bank (9.41%), Geregu Power (8.96%), and Honeywell (8.96%) are also among the top ten gainers.
TOP 10 LOSERS
UPDC led other price decliners, losing 8.08% of its share price to close at N0.91 from N0.99 the previous day. This was followed by PZ, which lost 8.06% of its share price.
Neimeth, Mutual Benefits Assurance, and RT Briscoe all saw their share prices fall by 6.90%.
FTN Cocoa (-6.45%), LASACO (-5.56%), Chams Plc (-4.35%), Cornerstone Insurance (-3.85%), and Sunu Assurance (-3.33%) are also among the top ten price decliners.
