Eighty equities appreciated on the floor of the Nigerian Exchange (NGX) Limited last week compared with the 84 equities recorded in the previous week, as 17 equities depreciated versus 22 equities in the preceding week, while 50 equities remained unchanged versus 42 equities of the earlier week.
NCR Nigeria gained 60.79 per cent to finish at N128.55, SCOA Nigeria grew by 59.36 per cent to N14.90, Deap Capital expanded by 48.67 per cent to N4.46, Jaiz Bank soared by 45.73 per cent to N8.19, and Omatek surged by 38.28 per cent to N1.77.
At the other end, Ikeja Hotel lost 12.38 per cent to settle at N35.05, Austin Laz declined by 9.20 per cent to N3.75, Eterna crashed by 7.71 per cent to N32.30, Universal Insurance went down by 7.69 per cent to N1.20, and Eunisell retreated by 7.57 per cent to N156.95.
The bourse remained bullish in the week, with the All-Share Index (ASI) up by 2.36 per cent to 166,129.50, and the market capitalisation up by 2.48 per cent to N106.354 trillion.
Similarly, all other indices finished higher apart from the AFR Div Yield index, which depreciated by 0.15 per cent.
In the five-day trading week, investors traded 4.607 billion shares worth N130.636 billion in 263,439 deals, in contrast to the 4.164 billion shares valued at N94.026 billion transacted in 248,254 deals a week earlier.
Further analysis showed that financial stocks led the activity chart with 3.126 billion units worth N47.225 billion traded in 94,186 deals, contributing 67.84 per cent and 36.15 per cent to the total trading volume and value, respectively.
Services equities followed with 353.436 million units sold for N5.096 billion in 17,764 deals, while ICT shares exchanged 277.263 million equities valued at N18.009 billion in 28,525 deals.
Sovereign Trust Insurance, Access Holdings, and Linkage Assurance were the busiest stocks last week, trading 1.406 billion units valued at N9.735 billion in 11,732 deals, contributing 30.52 per cent and 7.45 per cent to the total trading volume and value apiece.