The Nigerian stock market last week closed on a positive note, occasioned by rally in the share prices of BUA Foods and Dangote Cement by 24.06% and 8% respectively.
The All Share Index and the Market Capitalisation grew by 1.37% week on week to close at 44,454.67 points and N23.951 trillion respectively.
An aggregate of about 1.6 billion units of shares were traded in 22,607 deals, valued at N32.716 billion.
The Market Breadth closed negative as 33 equities emerged as gainers against 35 equities that declined in their share prices.
Top 10 Gainers
BUA Foods led other gainers in the course of last week with 24.06% growth, closing at N66 from the previous close of N53.20.
Transcorp, Jaiz Bank, Fidson and Academy Press grew their share prices by 16.33%, 15.25%, 13.64% and 10% respectively.
Other top ten gainers include: Eterna (9.78%), MRS (9.72%), Dangote Cement (8%), PZ (6.72%) and Guinness (5.76%) respectively.
Top 10 Losers
Sunu Assurance led other price decliners as it shed 16.22% of its share price to close at N0.31 from the previous close of N0.37.
Mutual Benefit Assurance, Berger Paints, Northern Nigeria Flour Mills and Custodian Investment shed their share prices by 12.90%, 9.94%, 9.66% and 9.49% respectively.
Other top ten losers in the course of last week include: Nestle (-7.81%), Cutix (-7.17%), UDPC (-6.98%), Japaul Gold (-6.67%) and Red Star Express (-6.38%) respectively.
GAINERS
LOSERS
