Market returns -0.12% WtD amidst profit taking

The Nigerian stock market last week closed on a note, occasioned by profit taking by investors.

The All Share Index and Market Capitalization declined by 0.12% to close at 43,199.27 points and N22.544 trillion.

An aggregate of 1.39 billion units of shares were traded in 19,990 deals, valued at N27.886 billion.

The Market Breadth closed negative as 15 equities emerged as gainers against 49 equities that declined in their share prices.

Top 10 Gainers

Vitafoam led other gainers with 17.11% growth, closing at N21.90 from the previous close of N18.70.

Etranzact, Prestige, Academy Press and Cornerstone Insurance grew their share prices by 10%, 9.30%, 9.09% and 7.69% respectively.

Others among top ten gainers include: University Press (5.50%), Airtel Africa (4.97%), AXA Mansard (3.07%), Livestock Feeds (3.00%) and Jaiz Bank (1.56%) respectively.

Top 10 Losers

Cutix Plc led other price decliners as it shed 42.68% of its share price to close at N3.21 from the previous close of N5.60.

NGX Group, Total, Neimeth and Eterna Plc shed their shares prices by 11.88%, 9.97%, 9.09% and 9.03% respectively.

Others among top 10 price decliners include: Linkage Assurance (-8.93%), Veritas Kapital Assurance (-8.70%), Chams Plc (-8.33%), Royal Exchange (-7.55%) and Unilever (-7.53%) respectively.



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