Toyin Samuel
The Nigerian stock market last week closed on a bullish note note as the All Share Index and Market capitalization rose by 0.50% to settle at 97,772.28 and N59.215 trillion respectively.
An aggregate of 1.48 billion units of shares were traded in 59,215 deals, valued at N38.88 billion.
The market breadth closed negative as 39 stocks gained against 46 stocks that declined in their share prices.
GAINERS
JOHNHOLT led other gainers in the course of last week with 60.50% growth, closing at N7.72 from the previous close of N4.81.
EUNISELL, TANTALIZER, Sunu Assurance and Flourmills of Nigeria grew their share prices by 46.22%, 33.93%, 32.04% and 22.89% respectively.
Other top 10 gainers include: International Energy Insurance 20.83%, University Press 20.00%, Consolidated Hallmark Holdings 10.59%, THE INITIATES 10.00% and ARADEL 9.99% respectively.
LOSERS
DAAR COMMUNICATION led other price decliners, shedding 12.12% of its share price to close at N0.58 from the previous close of N0.66.
OANDO, VFDGROUP, ABBEYBUILDING and ELLAHLAKES shed 10.44%, 10.00%, 9.77% and 7.36% respectively.
Other price decliners include: African Prudential 7.22, Ikeja Hotel 6.83%, Guinea Insurance 6.25%, UCAP 6.15% and FIDSON 5.69% respectively.