Nigerian stocks continued its three day positive streak as the All Share Index (ASI) rose by 2.19% today to close at 24,664.89.
Banking stocks were the top traded as a total of five banks(Wema Bank, Guaranty, Zenith, FCMB, and FBNH) made the list of the most traded stocks.
ASI: 24,664.89
DEALS: 3,380
VOLUME: 414,346,062
VALUE: 3,291,432,255
CAP: 8,482,715,649,533.92
Forte Oil ended as the highest gainer with an 8.67% increase in its share price to close at N326, while Dangote Cement followed with a 6.63% rise in its share price to close at N145.
Ikeja Hotel, UBA, Unity bank and Afripud, Access bank, Zenith, Transcorp, and FBNH also appreciated in value.
On the losing side, Glaxosmithkline depreciated by 5% to close at N20.91, while Mansard Insurance dipped by 4.87% to close at N2.15. Portpaint also dipped by 4.77% to close at N3.59. May and Baker, Conoil, Honeywell flour, Wema Bank all depreciated in value.
The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.