The Nigerian equity market closed trading activities last week on a positive note. The NGX All-Share Index and the Market Capitalization appreciated by 5.49% to close the week at 59,000.96and N32.126 trillion respectively.
Seventy-seven (77) equities appreciated in price during the week, twenty-four (24) equities depreciated in price while fifty-five (55) equities remained unchanged, higher than seventy-seven (77) equities recorded in the previous week.
The Uptrend was witnessed in some medium and large capitalized stocks, amongst which are; FTN COCOA PROCESSORS PLC (+45.16%), UNITY BANK PLC (+41.67%), CORONATION INSURANCE PLC (+40.43%), TRANSCORP HOTELS PLC (+37.35%), JAIZ BANK PLC (+30.83%), STERLING FINANCIAL HOLDINGS COMPANY PLC (+29.39%), IKEJA HOTEL PLC (+29.28%), SECURE ELECTRONIC PLC (+27.78%) LASACO ASSURANCE PLC (+27.78%) and SOVEREIGN TRUST INSURANCE PLC (+27.5%).
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