The Nigerian stock market last week closed on a positive note amidst renewed investors’ optimism as Q4 2021 results are being by quoted companies.
The All Share Index appreciated by 0.54% week on week to close at 46,205.05 points from the previous close of 45,957.35 points.
The Market Capitalisation grew by 0.55% week on week to N24.898 trillion from the previous close of N24.761 trillion.
An aggregate of 1.448 billion units of shares were traded in 22,557 deals, valued at N19.08 billion.
The Market Breath closed positive as 44 equities emerged as gainers against 33 equities that declined in their share prices.
TOP 10 GAINERS
Ecobank led other gainers as it grew its share price by 44.75% week on week to close at N13.10 from the previous close of N9.05.
Academy Press, Courteville, International Breweries and Guinness grew their share prices by 42.42%, 30.43%, 18% and 13.98%.
Others among top ten gainers include: NPF Microfinance Bank (13.40%), Julius Berger (10.53%), Airtel Africa (10%), Vitafoam (9.91%) and Living Trust Mortgage Bank (9.62%) respectively.
TOP 10 LOSERS
C&I Leasing led other price decliners in the course of last week, shedding 10% of its share price to close at N3.78 from the previous close of N4.20.
University Press, Prestige Assurance, Linkage Assurance and Dangote Cement shed their share prices by 9.86%, 9.80%, 8.93% and 8.53% respectively.
Others among top ten losers include: Cadbury (-8.42%), Consolidated Hallmark Insurance (-7.69%), AIICO Insurance (-7.32%), Neimeth (-6.57%) and NEM Insurance (-5.68%) respectively.
GAINERS
LOSERS
