Market sustains uptrend, returns 0.20% WtD

The Nigerian stock market last week closed on a bullish note with 0.20% growth following two successive gains previously.

Year to date, the market has returned 9.13% with the All Share Index and Market Capitalisation at 55,930.97 points and N30.455 trillion respectively.

An aggregate of 2.196 billion units of shares in 31,655 deals, valued at N45.97 billion.

The market breadth closed positive as 52 equities emerged as gainers while 27 equities declined in their share prices.

TOP 10 GAINERS

ETERNA OIL led 51 other gainers in the course of last week as it gained 45.41% to close at N13.45 from the previous close of N9.25.

Unity Bank, FTNCOCOA, Secure Electronics Technology and Cornerstone Insurance grew their share prices by 44.00%, 40.91%, 38.46% and 37.35% respectively.

Others among top 10 gainers include: MANSARD 25.39%, JAPAULGOLD 23.08%, ETRANZACT 21.00%, Nem Insurance 21.00% and MRS 20.89% respectively.

TOP 10 LOSERS

JOHNHOLT led other price decliners as it shed 26.70% of its share price to close at N1.40 from the previous close of N1.91.

RTBRISCOE, SUNUN Assurance, COURTVILLE and MULTIVERSE among other price decliners shed their share prices by 10.53%, 10.42%, 9.80% and 9.54% respectively.

Others among top 10 price decliners include: CHELLARAM (9.52%), ABC Transport (9.30%), University Press (7.17%), GLAXOSMITH (5.30%) and OANDO (4.75%) respectively.

Source: Market sustains uptrend, returns 0.20% WtD – StocksWatch (stocksng.com)

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