Consumer goods stocks gain N93bn

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Investors in consumer goods sector quoted on the main board of the nation’s stock market gained about N93bn during the month of August 2020 as the country continued gradual ease of lockdown occasioned

by the COVID-19 Pandemic.

The lockdowns had pushed some consumer product segments to the fore, especially those seen as essential such as the packaged foods and home care segments. However, COVID-19 has led to sharp turn of fortunes across the different segments of the consumer goods sector. Respondents stated that they had reduced spending on higher value category items by 22 per cent since March.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines