Nigerian Stock Exchange Watch: ASI (+0.15%) gains marginally on healthy demand for Nigerian Breweries (+3.07%)
Selling activity was predominant across the banking sub-sector and the majority of the bourse, however the All Share Index was able to advance marginally on the back of gains in Nigerian Breweries stock.
Only three banking stocks saw price appreciation in today’s trading, namely Fidelity (+0.93%), GTBank (+0.05%), and Stanbic (+0.68%).
On the flip side, Zenith (-0.96%), UBA (-0.43%), Union (-0.25%), First Bank (-1.70%), and Diamond (-1.21%) all recorded losses.
The All Share Index settled at 26,600.10 whilst the capitalization of the bourse was N8.476 trillion.
Over 188 million shares valued at N1.47 billion were traded.
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