The Nigerian Stock Market last week closed on a bullish note triggered by renewed buy interest in 51 equities.
The NGX All-Share Index and Market Capitalization appreciated by 1.19% to close the week at 99,378.06 points and N60.242 trillion respectively. Investors gained N708 billion when the as the Market Capitalization actually grew from N59.534 trillion (Previous week) to N60.242 trillion.
An aggregate of 2.729 billion units of shares were traded in 43,298 units, valued at N49.845 billion.
MARKET BREADTH
The market breadth closed positive as Fifty-one (51) equities appreciated in last week, while Thirty-five (35) equities depreciated in prices
TOP 5 GAINERS
Golden Guinea Breweries led other gainers with 60% growth, closing the week at 8.64 from the previous close of N5.40.
African Prudential, Tantalizer, Conoil and Coronation Insurance (WAPIC) also grew their share prices by 59.72%, 52.07%, 33.52% and 25.23% respectively.
TOP 5 LOSERS
Secure Electronics (NSLTECH) led other price decliners in the course of last week. It shed 22.86% of its share price to close at N0.54 from the previous close of N0.70.
AUSTIN LAZ, Haldane McCall, Julius Berger and John Holt also shed their share prices by 14.74%, 11.11%, 10% and 9.96% respectively.
VOLUME DRIVERS
Coronation Insurance Plc, E-Tranzact International Plc, and FCMB Group Plc (measured by volume) accounted for 865.665 million units of shares, valued at N3.629 billion in 1,149 deals.
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