Eid-el-Maulud

Nigerian stocks grow by N571b, Nestle, Dangote, Mobil lead gainers

Nigerian Stocks Grow By ₦571b, Nestle, Dangote Lead Gainers

Bullish trading continued on the Nigerian Stock Exchange (NSE) on Friday after Eid-el-Maulud holiday, with market value growing by ₦571 billion.

Market capitalisation which opened at ₦15.386 trillion inched higher by ₦571 billion or 3.71 per cent to close at ₦15.957 trillion.

Also, the All-Share Index improved by 1,093.09 points or 3.71 per cent to close at 30,530.69 from 29,437.60 achieved on Wednesday.

A breakdown of the price movement chart shows that 43 stocks recorded price appreciation in contrast with 11 losers.

Nestle led the gainers’ table, gaining N129.20 to close at N1,421.70 per share.