Toyin Samuel
The Nigerian stock market closed higher last week, driven by gains in 51 stocks that appreciated in their share prices, week on week.
The All Share Index and Market capitalization soared by 0.12% to settle at 52,465.31 points and N28.568 trillion respectively.
An aggregate of 2.97 billion units of shares were traded in 23,765 deals, valued at N22.8 billion.
The market breadth closed positive as 51 stocks gained against 26 stocks that declined in their share prices.
TOP 10 GAINERS
CWG led other gainers last week with 25.71% growth, closing at N1.23 from the previous close of N1.05.
Academy Press, Wema Bank, ARDOVA and MULTIVERSE grew their share prices by 20.00%, 16.58%, 14.63% and 11.51% respectively.
Other top 10 gainers include: Eterna Oil 11.11%, CUTIX 11.11%, ACCESSCORP 10.84%, CHAMS 10.71% and CONOIL 10.00% respectively.
TOP 10 LOSERS
TRANSCORP led other price decliners, shedding 30.96% of its share price to close at N1.94 from the previous close of N2.81.
MCNICHOLS, GEREGU, Living Trust and GLAXOSMITH shed 17.72%, 10.00%, 9.73% and 8.73% respectively.
Other price decliners include: Ikeja Hotel (6.85%), International Breweries (6.38%), NGXGROUP (6.02%), African Prudential (5.98%) and NPF Microfinance (5.56%) respectively.