Toyin Samuel
The Nigerian stock market last week closed on a bullish note, driven by gains in the prices of MTN Nigeria and other 20 stocks. All Share Index and Market capitalization rose by 2.61% and 6.03% to settle at 101,330.85 points and N57.293 trillion respectively.
An aggregate of 2.157 billion units of shares were traded in 51,557 deals, valued at N108.8 billion.
The market breadth closed negative as 21 stocks gained against 55 stocks that declined in their share prices.
TOP GAINERS
JULI led other gainers in the course of last week with 32.53% growth, closing at N4.97 from the previous close of N3.75.
International Energy Insurance, Transcorp, PZ and FBNH grew their share prices by 20.86%, 19.05%, 18.52% and 15.30% respectively.
Other top 10 gainers include: DEAPCAP 10.53%, MTN Nigeria 10.31%, Consolidated Hallmark Holdings 9.29%, Flour mills 6.88% and Custodian Insurance 5.88% respectively.
TOP 10 LOSERS
GUINNESS led other price decliners, shedding 17.55% of its share price to close at N42.05 from the previous close of N51.00.
Ecobank, Nem Insurance, FTN Cocoa and CHAMS shed 17.01%, 16.67%, 16.36% and 15.97% respectively.
Other price decliners include: OMATEK 14.47%, JAPAULGOLD 13.33%, Guinea Insurance12.50%, ABC Transport 11.11% and C&I Leasing 11.00% respectively.