Market returns -0.13% WtD amidst sell-offs and buy interests

The Nigerian Exchange last week closed lower by 0.13%, occasioned by profit taking in Airtel Africa, Dangote Cement and 36 other equities.

The All Share Index declined by 0.13% week on week to close at 47,140.48 points from the previous close of 47,202.30 points.

The Market Capitalisation declined by 0.12% week on week to close at N25.406 trillion from the previous close of N25.436  trillion, thereby shedding N30 billion in the course of last week.

An aggregate of 1.71 billion units of shares were traded in 24,767 deals, valued at N30.76 billion.

The Market Breadth closed positive as 43 equities emerged as gainers against 38 equities that declined in their share prices.

TOP 10 GAINERS

RT Briscoe led other gainers in the course of last week with 53.85% growth, closing at N0.60 from the previous close of N0.39.

Learn Africa, SCOA, Academy Press and NCR Nigeria grew their share prices by 46.67%, 32.02%, 31.62% and 20.91% respectively

Others among top 10 gainers include: NEM Insurance (20.78%), Northern Nigerian Flour Mills (20.56%), Multiverse (19.05%), Guinness (15.70%) and Royal Exchange (15.66%) respectively.

TOP 10 LOSERS

CWG led other price decliners, shedding 9.76% week on week to close at N1.11 from the previous close of N1.23

Berger Paints, NGX Group, LASACO and Consolidated Hallmark Insurance shed their share prices by 9.58%, 8.49%, 6.21% and 6.15% respectively.

Others among top ten price decliners include: Vitafoam (-6.13%), AXA Mansard (-6%), Seplat (-5.88%), Sterling Bank (-5.78%) and Custodian Investment (-5.70%) respectively.

GAINERS

LOSERS

Source: Market returns -0.13% WtD amidst sell-offs and buy interests – StocksWatch (stocksng.com)

Related Posts

08

Feb
Business & Economy

NGX appoints advisory panel on digital technology products

The Nigerian Exchange Limited has set up the NGX Digital and Technology Products Advisory Panel. The Panel would provide a forum for the Exchange to interact with the capital market community and the fintech ecosystem to enhance and increase NGX’s digital product offerings. Responsibilities of the Panel include but are not limited to providing insight into product […]

Business & Economy

Fidelity Bank CEO gets recognition as banker of the year 2022

The Managing Director of Fidelity Bank Plc, Nneka Onyeali-Ikpe, has been honoured with the Banker of the Year 2022 award. According to a statement, the bank said Onyeali-Ikpe was presented with the award at the 14th Leadership annual conference and awards, organised by the Leadership Media Group, publishers of Leadership newspapers. Onyeali-Ikpe stated, “I am grateful for[…]