Nestle Hits N900, Leads Gainers as NGX Index Rises

0
224

Nestle Nigeria Plc’s share price surged 9.76% to N900, its highest in over a month, leading the gainers’ chart.

Berger Paints followed with a 10% gain, while Sovereign Insurance, Royal Exchange Plc, and Tantalizers Plc also saw significant gains.

The NGX index gained 0.11% to close at 98,285.33 points, with a market capitalization of N55.598 trillion, representing a 31.44% year-to-date gain. MTN Nigeria and Zenith Bank saw gains, while GTCO Holdings was the most traded stock.

Access Holdings and UBA experienced losses, despite being among the most traded stocks.

The market saw a decline in trading volume and value, but the NGX index continued its bullish run, driven by gains in the consumer goods and financial services sectors.