The
top 10 performing stocks last week were Learn Africa Plc, University Press Plc,
Ashaka Cement Plc, Guinness Nigeria Plc, Costain (West Africa) Plc and
International Energy Insurance Plc.
Others
were Cutix Plc, Total Nigeria Plc, Sterling Bank Plc and UPDC Real Estate
Investment Trust.
Learn
Africa gained 19.87 percent or N0.31 to lead the top gainers chart. It opened
the week at N1.57 and closed at N1.87 per share. Two years ago, the two
majority shareholders – Pearson Education Limited and Longman Group (Overseas
Holdings) Limited -divested their combined 51 percent holdings in Learn Africa
Plc. (formally Longman Nigeria Plc by way of gift to the minority shareholders.
According to the deal, which was executed on a pro-rata basis, the donees were
not
