Today’s trading activities closed on a positive note as the All share index appreciated by +1.92% to settle at 84,640.89pts. This was due by positive movement in Unilever (+9.94%), Cadbury (+9.82%), Nahco (+5.82%), Flourmill (+4.11%), Buafoods (+3.41%), GTCO(+2.89%), Wapco (+2.56%), FBNH (+1.63%) and NB (+1.35%) among others. On the contrary, Beuacement (-0.63), Accesscorp (-0.53%), Sterlingng (-1.53%) Unitybnk (-1.59%) and Zenithbank (-1.15%) finished lower at the close of the session.
Turnover was N11.03bln ( $11.5mln) dominated by trades in Accesscorp , Zenithbank ,and UBA,. The year to date return on the ASI increased to 13.20%. We anticipate the same trading pattern in the coming session.
