The Nigerian equity market closed trading activities last week on a positive note. The NGX All-Share Index and the Market Capitalization appreciated by 0.20% to close the week at 55,930.97 and N30.455 trillion respectively.
Fifty-two (52) equities appreciated in price during the week, twenty-seven (27) equities depreciated in price while seventy-seven (77) equities remained unchanged, higher than sixty-seven (67) equities recorded in the previous week.
The Uptrend was witnessed in some medium and large capitalized stocks, amongst which are; ETERNAL PLC (+45.41%), UNITY BANK PLC (+44.00%), FTN COCOA PROCESSORS PLC (+40.91%), SECURE ELECTRONIC TECHNOLOGY PLC (+38.46%), CORNERSTONE INSURANCE PLC (+37.35%), JAPAUL GOLD & VENTURES PLC (+23.08%), NEM INSURANCE PLC (+21.00%), E-TRANZACT INTERNATIONAL PLC (+21.00%) and MRS OIL NIGERIA PLC (+20.89%).
Check out previous Stock Recommendations
