Toyin Samuel
The Nigerian stock market last week grew by 0.35%, bringing the All Share Index and Market Capitalisation to settle at 59,206.63 and N32.237 trillion respectively.
An aggregate of 3.34 billion units of shares were traded in 39,417 deals, valued at N42.50 billion.
The market breadth closed positive as 62 stocks gained against 35 stocks that declined in their share prices.
GAINERS
SKYWAY AVIATION led other gainers in the course of last week with 44.53% growth, closing at N9.25 from the previous close of N6.40.
FTN Cocoa, CHAMS, JAPAULGOLD and GOLDGUINEA BREWERIES grew their share prices by 40.74%, 35.71%, 32.65% and 31.13% respectively.
Other top 10 gainers include: THE INITIATE PLC 30.77%, RT BRISCOE 29.41%, WAPIC 28.79%, Consolidated Hallmark Insurance 25.45% and Transcorp Hotel 20.55% respectively.
LOSERS
Jaiz Bank led other price decliners, shedding 18.97% of its share price to close at N1.41 from the previous close of N1.74.
Secure Electronic Technology, C & I LEASING, Sterling Bank and Ikeja Hotel shed 17.39%, 13.78%, 12.88% and 11.76% respectively.
Other price decliners include: PHARMADEKO 11.50, ELLAHLAKE 10.00%, Prestige Assurance 9.62%, JOHNHOLT 9.57% and Ecobank 9.09% respectively.