The Nigerian stock market last week closed lower by 0.11% amidst profit taking in 51 equities.
The All Share Index and Market capitalization declined by 0.11% and 0.10% to settle at 98,125.73 and N55.508 trillion respectively.
An aggregate of 1.65 billion units of shares were traded in 38,121 deals, valued at N42.677 billion.
The market breadth closed negative as 28 stocks gained against 51 stocks that declined in their share prices week on week.
TOP 10 GAINERS
International Energy Insurance led other gainers in the course of last week with 11.49% growth, closing at N1.65 from the previous close of N1.48.
MC NICHOLS, CUSTIDIAN, Julius Berger and Airtel Africa grew their share prices by 9.89%, 9.68%, 9.53% and 8.97% respectively.
Other among the top 10 gainers include: TANTALIZER 8.70%, ELLAHLAKE 8.20%, Sovereign Trust Insurance 7.89%, LEARNAFRICA 6.06% and Mutual Benefits 5.45% respectively.
TOP 10 LOSERS
PZ led other price decliners, shedding 22.16% of its share price to close at N21.60 from the previous close of N27.75.
Nem Insurance, ETETRNA, UBA and THE INITIATES shed 18.36%, 18.32%, 17.23% and 15.22% respectively. Other price decliners include: OMATEK, (14.86%) Unity Bank (12.57%), FCMB (11.39%), FTN Cocoa (11.11%) and Dangote Sugar (11.11%) respectively.