Toyin Samuel
The Nigerian stock market last week closed lower by 0.46% as 40 stocks shed weight due to profit taking.
The All Share Index was down by 0.46% to stand at 97,745.73 from 98,201.49 recorded previously
Market capitalization declined by 0.19% to settle at N55.497 trillion from N55.605 trillion in the week before.
An aggregate of 3.39 billion units of shares were traded in 44,814 deals, valued at N52 billion.
The market breadth closed balance as 40 stocks gained against 40 that declined in their share prices.
TOP 10 GAINERS
RTBRISCOE led other gainers in the course of last week with 25.37% growth, closing at N0.84 from the previous close of N0.67.
OANDO, IMG, CUSTODIAN and May & Baker grew their share prices by 24.32%, 20.77%, 19.61% and 19.32% respectively.
Other among the top 10 gainers include: ETERNA OIL 17.28%, MANSARD 15.88%, PRESCO 15.14%, CUTIX 14.37% and Honeywell Flour 12.58% respectively.
TOP 10 LOSERS
UCAP led other price decliners, shedding 68.81% of its share price to close at N12.15 from the previous close of N38.95.
MECURE, THOMASWYAT, NASCON and Nigerian Breweries shed 18.78%, 18.52%, 13.24% and 12.75%respectively.
Other price decliners include: Sovereign Trust Insurance (10.71%), NAHCO (10.46%), Berger Paints (10.00%), NESTLE (9.78%) and SCOA (9.77%) respectively.