[Nigerian Stocks] Stocks End Week On A High, Cadbury Gains 8%

Nigerian stocks closed on the positive for the second day running, as the All Share Index (ASI) rose by 1.34% to close at 23,916.15, with the banking, and consumer good sectors leading gains.

Investors were encouraged by a resurgence in the price of oil, which closed at above $32 up from $27 a week ago.

Here is a snapshot of today’s trading:

ASI: 23,916.15

DEALS: 3,270

VOLUME: 241,371,591

VALUE: 2,002,531,236.15

CAP: 8,225,210,629,382.94

Here are the 5 top gainers for the day;

CADBURY opened at N17.54 and closed at N19. gaining 8.32%

DANGSUGAR opened at N5.60 and closed at N6.05 gaining 8.04%

ZENITHBANK opened at N11.76 and closed at N12.61 gaining 7.23%

GUARANTY opened at N15.76 and closed at N16.79 gaining 6.54%

GUINNESS opened at N110 and closed at N115.50 gaining 5%

Here are the top 5 losers for the day;

UPL opened at N6 and closed at N5.70 losing 5%

CAVERTON opened at N1.95 and closed at N1.86 losing 4.62%

FCMB opened at N1.01 and closed at N0.98 losing 2.97%

FBNH opened at N4 and closed at N3.93 losing 1.75%

LIVESTOCK opened at N1.28 and closed at N1.26 losing 1.56%

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.


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