The Nigerian stock market last week traded for just three days as the Federal Government declared Tuesday and Wednesday as public holiday. The market closed on a bullish note as the All Share Index and Market Capitalisation grew by 1.90% WtD to settle at 38,667.90 points and N20.147 trillion respectively.
An aggregate of 896 million units of shares were traded in 11,714 deals, valued at N5.235 billion.
The Market Breadth closed positive as 43 equities appreciated in their share prices against 16 equities that declined in their share prices.
Top 10 Gainers
Cutix Plc led other gainers with 32.51% growth week to date, closing at N4.81 from the previous close of N3.63.
Total, Oando, UCAP and Unity Bank grew their share prices by 20.95%, 20.67%, 13.08% and 12.96% respectively.
Other top ten gainers include: Wema Bank (11.25%), Africa Prudential (10.40%), Universal Insurance (10.00%), Eterna Plc (9.69%) and Unilever (9.58%) respectively.
Top 10 Losers
Smart Products Nigeria (SMURFIT) led other price decliners as it shed 38.46% of its share price to close at N0.16 from the previous close of N0.26.
Sovereign Trust Insurance, AIICO Insurance, Red Star Express, Veritas Kapital and Ecobank shed their share prices by 12.12%, 7.83%, 4.76%, 4.00% and 3.77% respectively.
Other top ten price decliners include: NAHCO (-3.08%), International Breweries (-2.80%), Union Bank (-2.68%), Sterling Bank (-2.56%) and LASACO (-2.44%) respectively.
