Stock market review: FBN Holdings leads 41 others as investors gain N811bn

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FBN Holdings Plc has topped 41 other advanced equities to pull the Nigerian Exchange Ltd.(NGX) market indices up by 1.46 per cent, week-on-week, making investors gain N811 billion.

FBN Holdings Plc has topped 41 other advanced equities to pull the Nigerian Exchange Ltd. market indices up by 1.46 per cent, week-on-week, making investors gain N811 billion.

Julius Berger added 23.76 to close at N72.40, while Flour Mills rose by 20.66 per cent to close at N36.80 per share. Meanwhile, 42 equities appreciated in price during the week, higher than 27 equities in the previous week. Similarly, all other indices finished higher with the exception of NGX Consumer Goods, NGX Oil and Gas and NGX Industrial Goods which depreciated by 0.26, 0.68 and 0.36 per cent, respectively, while NGX ASeM and NGX Sovereign Bond indices closed flat.

 

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