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 0.42% to settle at 66,915.41 points and N36.764 trillion respectively.
An aggregate of 1.658 billion units of shares were traded in 30,062 deals, valued at N25.9billion.
The market breadth closed negative as 28 stocks gained against 46 stocks that declined in their share prices.
TOP 10 GAINERS
THOMASWYAT led other gainers in the course of last week with 29.64% growth, closing at N3.63 from the previous close of N2.80.
DAAR Communication, Julius Berger, UBA and LEARNAFRICA grew their share prices by 9.52%, 9.09%, 8.26% and 6.45% respectively.
Still on the gainers’ chart: CHAMS grew by 6.43%, Royal Exchange 6.38%, SUNU Assurance 5.77%, CAP 5.21% and Dangote Sugar 4.61% respectively.
TOP 10 LOSERS
Sovereign Trust Insurance led other price decliners, shedding 17.50% of its share price to close at N0.33 from the previous close of N0.40
CADBURY, STANBIC, Flourmills of Nigeria and Okomu Oil shed their share prices by 16.00%, 13.06%, 11.88% and 9.96% respectively.
Other price decliners include: Nigerian Breweries (9.52%), MULTIVERSE (9.49%), RTBRISCOE (8.77%), Cornerstone Insurance (8.39%) and ELLAHLAKES (8.05%) respectively.