Nigeria’s equities market furthered its northward movement on Wednesday, April 26 after rising by 0.95percent or N268billion.
The market’s positive close was driven by TotalEnergies Plc, Cadbury Nigeria Plc, Honeywell Flour Mills Plc, Livestock Feeds Plc and Academy Press Plc.
TotalEnergies led the pack of advancers after its price rose from N197.80 to N217.50, adding N19.70 or 9.96percent. It was followed by Honeywell Flour Mills which rose from N2.55 to N2.80, adding 25kobo or 9.80percent, and Cadbury which increased from N10.20 to N11.20, up by N1 or 9.80percent.
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At the close of trading session, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalisation increased from preceding trading day lows of 51,606.49 points and N28.099trillion to 52,097.62 points and N28.367trillion.
The stock market’s positive return year-to-date (YtD) increased to 1.65 percent. This month, the market has decreased by 3.94 percent. Week-to-date (WtD), the market has risen by 1.44percent.
Transcorp, ALEX, Access Corporation, UBA, and Fidelity Bank shares were most traded as investors in 5,109 deals exchanged 6,476,207,310 shares valued at N19.471billion.
