The Nigerian equity market last week closed on a bearish note occasioned by significant loss in the share price of Airtel Africa by 9.99%.
The All Share Index declined by 0.57% week on week to settle at 37,994.19 points from the previous close of 38,212.01 points.
The Market Capitalisation depreciated by 0.62% week on week to close at N19.796 trillion from the previous close of N19.919 trillion, thereby shedding N123 billion.
An aggregate of 1.348 billion units of shares were traded in 21,581 deals, valued at N12.140 billion.
The Market Breadth last week closed positive as 44 equities appreciated in their share prices against 22 equities that declined in their share prices.
Top 10 Gainers
UPDC led other gainers with 40.70% growth, closing at N1.21 from the previous close of N0.86.
Cutix Plc, John Holts, Sovereign Trust Insurance and Consolidated Hallmark Insurance grew their share prices by 21%, 19.67%, 15.38% and 11.11% respectively.
Others among top 10 gainers include: Seplat (10%), NCR (9.69%), FTN Cocoa (9.68%), May & Baker (9.65%) and Coronation Insurance (9.26%) respectively.
Top 10 Losers
Red Star Express led other price decliners last week as it shed 15.26% of its share price to close at N3.11 from the previous close of N3.67.
Eterna Plc, Linkage Assurance, Prestige Assurance and Airtel Africa shed 14.8%, 12.94%, 10% and 9.99% of their share prices respectively.
Others among top 10 price decliners include: BOC Gases (-9.94%), Pharmadeko (-9.70%), Presco (-8.72%), ABC Transport (-8.11%) and Conoil (-7.50%) respectively.
GAINERS
LOSERS
