UPDC leads gainers as stock market returns 0.01% WtD

The Nigerian Stock market last week closed on a positive note as the All Share Index and Market Capitalisation appreciated by 0.01% to close at 39,485.65 points and N20.573 trillion.

NGX Banking, NGX Insurance and NGX Oil & Gas indices which appreciated by 0.30%, 1.06% and 0.08% respectively, while the NGX Consumer Goods, NGX Industrial and NGX Pension Indices depreciated by 0.43%, 0.19% and 0.16% respectively.

An aggregate of 1.026 billion units of shares were traded in 18.102 deals, valued at N8.18 billion.

The Market Breadth positive as 35 equities appreciated in their share prices against 29 equities that declined in their share prices.

Top 10 Gainers

UPDC led other gainers with 37.59% growth week to date, closing at N1.83 from the previous close of N1.33.

Morison, Consolidated Hallmark Insurance, FTN Cocoa and Transcorp Hotel grew their share prices by 32.14%, 21.74%, 20% and 19.90% respectively.

Other top ten gainers include: Honeywell Flour (18.83%), Eterna (18.11%), Regency Assurance (14.29%), Glaxo Smith (11.48%) and Capital Hotel (10%) respectively.

Top 10 Losers

ABC Transport led other price decliners as it shed 15.38% of its share price, closing at N0.33 from the previous close of N0.39. This is followed by Unilever and Ikeja Hotel as they both shed their share prices by 10% respectively.

SCOA, Japaul Gold and Transcorp shed their share prices by 9.43%, 7.41% and 5.15% respectively.

Other top ten price decliners include: Academy Press (-4.88%), UACN (-4.37%), PZ (-4.17%) and NASCON (-3.41%) respectively.



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