Nigerian stocks climb higher amid higher buy interest in blue chip shares

📆 12/05/2022 04:33 p. m.
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Blue chip stocks including cement-maker WAPCO, Presco, Okomu Oil and Flour Mills drove the climb in a session during which trade...

Blue chip stocks including cement-maker WAPCO, Presco, Okomu Oil and Flour Mills drove the climb in a session during which trade volume was up by 2 per cent.Nigerian stocks advanced 0.15 per cent on Thursday as investors continued to sustain interest in shares, with consumer goods equities being the most preferred of all the sectors.including cement-maker WAPCO, Presco, Okomu Oil and Flour Mills drove the climb in a session during which trade volume was up by 2 per cent.

Market breadth, an indicator of investors’ sentiment towards trade, was positive as 32 advancers were recorded compared to 23 losers.

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Nigerian stocks rally on increased demand for consumer goods’ sharesHelping gains were Okomu Oil, International Breweries, Cadbury and Presco.
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