BUA, Dangote cements, BUA Foods, Seplat top list of stocks to watch this week
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The benchmark all-share index (ASI) rose above 100,000 points rising from 94,538.12 points in the previous week to 102,401.88 points, and market capitalisation shored up to N56.04trn from N51.74trn last week.
Investors in the Nigeria bourse gained N4.30trn for the week on the back of the strong performance in the industrial sector, with ASI appreciating by +8.32% week-on-week, having gained in all five trading sessions of the week
The strong performance of the market was buoyed by the gains in DANGCEM (+28.82%), BUA CEMENT (+20.98%), BUAFOODS (+13.25%), SEPLAT (+21%), and ETERNA (+19.61%), which offset the losses in TRANSCORP (-11.53%), NESTLE (-8.03%), FLOURMILL (-6.49%), CADBURY (-20.86%), AFRIPPRUD (-16.50%), and UNITY (-16.57%).
Source: https://www.ripplesnigeria.com/bua-dang ... this-week/
