Trading activities in the Nigerian equities market closed on a brighter note as the All share index appreciated by +0.59% to settle at 66,770.97pts. Today’s performance was due to renewed buying interest in Buacement (+9.94%) on its product price slash, Oando (+9.55%) as well as sustained upward movement in Betaglas (+9.93%). Other notable gainers were Uacn (+8.50%), GTCO (+2.18%), Accesscorp (+1.90%), Ucap (+1.87%) and Afriprud (+6.35%). On the contrary, Cadbury (-6.83%), CAP (-5.66%),Nascon (-5.38%), NB (-4.53%), MTNN (-1.52%), Wapco (-1.50%), and UBA (-1.19%) declined at the close of the session.
Turnover was N3.85bln ( $4.99mln) although boosted by trades in GTCO and Zenithbank. We anticipate the positive sentiment to persist in the coming session.
