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Nigerian stocks touch 53-day high amid depressed trading

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The all-share index was 9.84 points up at 38,927.83 just as market capitalisation rose to N20.3 trillion.

Cutix led the gainers, appreciating by 10 per cent to close at N5.50. Veritas Kapital went up 8.70 per cent to N0.25. Tripple Gee climbed to N0.97, notching up 7.78 per cent in the process.

Presco added 72.60 per cent to end the trade at N3.71. NAHCO completed the top 5, climbing by 2.44 per cent to N2.52.Sovereign Insurance led laggards, declining by 7.14 per cent to close at N0.26. Regal Insurance slumped to N0.42, recording 6.67 per cent depreciation. Unity Bank shed 5 per cent to close at N0.57.TOP FIVE TRADESSterling was the most active stock with 51.8 million units of its shares worth N78.8 million traded in 21 deals. Transcorp had 19.

 

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