Toyin Samuel
The Nigerian stock market last week closed on a positive note as ARADEL HOLDINGS, an Oil and Gas Company got listed on the NGX.
The All Share Index and Market capitalization rose by 0.48% and 5.95% to settle at 98,070.28 and N59.425 trillion respectively.
An aggregate of 1.45 billion units of shares were traded in 39,546 deals, valued at N73.89 billion.
The market breadth closed negative as 33 stocks gained against 42 stocks that declined in their share prices.
TOP 10 GAINERS
TRANSCORP POWER led other gainers in the course of last week with 19.29% growth, closing at N359.90 from the previous close of N301.70.
MECURE, Dangote Sugar, Golden Breweries and OANDO grew their share prices by 18.81%, 13.06%, 10.10% and 10.00% respectively.
Other top 10 gainers include: Champion Breweries 9.97%, THE INITIATES 9.74%, University Press 9.41%, ETERNA OIL 8.10% and Consolidated Hallmark Holdings 7.91% respectively.
TOP 10 LOSERS
Regency Alliance led other price decliners, shedding 15.28% of its share price to close at N0.61 from the previous close of N0.72.
TRIPPLEG, CAVERTON, ABC Transport and VITAFOAM shed 14.93%, 9.23%, 9.09% and 9.09% respectively.
Other price decliners include: CUSTODIAN (8.98%), International Energy Insurance (7.64%), RTBRISCOE (7.55%), OKOMU OIL (6.86%) and Royal Exchange (6.85%) respectively.