Nigeria’s equities market closed in the positive region for the third time this week, after rising by 0.12 percent or N32 billion on Wednesday.
Stocks like Nigerian Breweries, May & Baker, Honeywell Flour Mills and others helped push the market further north.
The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and its Market Capitalisation appreciated further from 48,366.69 points and N26.344 trillion respectively to 48,426.49 points and N26.376 trillion.
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Honeywell Flour Mill’s share price moved up from the preceding day’s low of N2.28 to N2.42, adding 14kobo or 6.14 percent.
Likewise, May & Baker rose from day open low of N3.80 to N4, adding 20kobo or 5.26percent, while Nigerian Breweries made the top-3 advancers league after moving from N36.80 to N38.50, up by N1.70 or 4.62percent.
In 2,810 deals, investors exchanged 146,206,309 shares valued at N3.356billion.
Also, the market’s year-to-date (YtD) positive return increased to 13.37 percent. Month-to-date (MtD), the market has increased by 1.61percent.