Equity holders of Ikeja Hotel plc, Champion Breweries plc, and International Energy Insurance Company plc had cause to smile in the four-day trading week to October 3, 2014, as they offered highest level of capital appreciation that is one of the main sources of investment returns at the stock market.

Also, stocks that recorded reasonable level of capital appreciation at the Nigerian bourse last week include: Cement Company of Northern Nigeria plc, Stanbic IBTC Holdings plc, UACN Property Development Company plc, Skye Bank plc, Royal Exchange Assurance plc, Sterling Bank plc, and UBA Capital plc.

The aforementioned equities respectively recorded highest level of price increase out of 40 equities that appreciated in prices. These equities accounted for reasonable percentage increase of the NSE All-Share Index (ASI) and market capitalisation by 0.70 percent.


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