Honeywell Flour leads gainers as stock market returns -0.10% WtD

The Nigerian stock market last week closed on a bearish note as the All Share Index and Market Capitalisation depreciated by 0.10% to close at 39,483.08 points and N20.571 trillion respectively.

NGX Banking closed last week at 377.87 points, down by 0.82% from 381.01 points, the previous week. NGX Insurance closed last week at 188.07 points, down by 0.96% from 189.89 points the previous week.

NGX Consumer Goods last week was down by 6.31% to 558.98 points from 596.60 points the previous week. NGX Industrial closed last week 1,980.43 points, up by 1.85% from the previous close of 1,944.40 points.

NGX Oil & Gas was down by 0.61% week on week to close at 373.93 points from 376.24 points. NGX Pension closed at 1,516.2 points, down by 0.63% 1,525.76 points.

An aggregate of 866.54 million units of shares were traded in 17,291 deals, valued at N12.257 billion.

The Market Breadth closed positive as 36 equities appreciated in their share prices against 33 equities that declined in their share prices.

Top 10 Gainers

Honeywell Flour led other gainers with 46.34% growth week to date, closing at N3 from the previous close of N2.05.

Pharmadeko, Courtville, Neimeth and BOC Gases grew their share prices by 44.54%, 29.17%, 25% and 20.65% respectively.

Other top ten gainers include: NAHCO (17.25%), UACN (13.93%), Wema Bank (11.39%), SFS Real Estate Investment Trust (9.96%) and MRS (9.92%) respectively.

Top 10 Losers

Meyer Plc led other price decliners as it shed 66.10% of its share price, closing at N0.20 from the previous close of N0.59.

SCOA, Consolidated Hallmark Insurance, Nestle and FTN Cocoa shed their share prices by 18.46%, 13.21%, 9.09% and 9.09% respectively.

Other top ten price decliners include: Nigerian Breweries (-8.77%), Ecobank (-7.02%), Jaiz Bank (-6.45%), University Press (-6.20%) and Cadbury (-5.56%) respectively.



Leave a Reply

Your email address will not be published. Required fields are marked *