Stock Market: Dangote, BUA, Zenith Keeps Market In Green Zone

The Nigerian stock market continued to be dominant, as the benchmark index closed 1.92% stronger to settle at 84,640.89 points.

Investors’ activities around the Dangote Cement, BUA Cement, and Zenith Bank shares contributed to the positive result recorded.

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Dangote Cement share’s value appreciated by 7.14%, BUA Cement 0.59% and Zenith Bank share price grew by 3.60% respectively.

The stock market capitalisation rose by 1.92% to ₦46.32 trillion, as the year-to-date gain of the All Share index climbed to 13.20%

PZ and Sovereign Insurance recorded the highest gains of the day having appreciated in share value by 10% respectively.

Abbey topped the losers table with 9.5%, Julius Berger also lost 3.5% from its share value.

Sector performance index that the NGX Banking gained 1.30%, NGX Insurance 7.23% and NGX Consumer Goods recorded 0.08%.

At the conclusion of the trading session, Transnational Corporation emerged as the most traded security by volume with 66.89 million units worth ₦956.01 million.