Toyin Samuel
Trading on the floor of the Nigerian Exchange last week closed bearish as 46 stocks closed the week lower on profit taking.
The All Share Index and Market Capitalization declined by 0.15% to settle at 96,433.53 points and N55.394 trillion respectively.
An aggregate of 2.14 billion units of shares were traded in 55,598 deals, valued at N51 billion.
The market breadth closed negative as 36 stocks gained against 46 stocks that declined in their share prices.
TOP 10 GAINERS
Industrial Medical Gases Plc (IMG) led other gainers in the course of last week with 32.58% growth, closing at N35.00 from the previous close of N26.40.
Berger Paints, ETRANZACT, UACN and C & I Leasing grew their share prices by 31.12%, 20.59%, 19.77% and 18.57% respectively.
Still on the gainers’ chart are: University Press 16.09%, CAVERTON 13.57%, Guinea Insurance 13.04%, MEYER 10.00% and SFSREIT 9.97% respectively.
TOP 10 LOSERS
RTBRISCOE led other price decliners, shedding 27.61% of its share price to close at N2.57 from the previous close of N3.55
FTN COCOA, OMATEK, THE INITIATES and Cornerstone Insurance shed their share prices by 18.38%, 18.18%, 13.18% and 12.59% respectively.
Other price decliners include: Secure Electronic Technology (10.61%), Abbey Building (9.96%), Livestock Feeds (9.60%), PZ (9.52%) and Champion Breweries (9.16%) respectively.