The reign of the bulls continued unabated on the equities sector of the Nigerian Exchange Limited (NGX), as investors’ increased appetite in the consumer and industrial goods lifted capitalisation further by N2 billion. The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Presco, Guinness Nigeria, Vitafoam Nigeria, Cadbury Nigeria and BUA Cement. Transactions in the shares of Multiverse Mining and Exploration topped the activity chart with 36.2 million shares valued at N7.3 million. Transnational Corporation of Nigeria (Transcorp) followed with 26.1 million shares worth N29.9 million, while Lafarge Africa traded 14.5 million shares valued at N392.7 million. Fidelity Bank traded 12.6 million shares valued at N46.7 million, while Guaranty Trust Holding Company (GTCO) transacted 12.3 million shares worth N294.3 million.

Source: The Guardian April 28, 2022 08:39 UTC