On market outlook, GTI Securities Limited said: “the equity market maintained its bullish trend with the Oil & Gas sector dominating activities. We expect this positive trend to persist in the coming trading days.”
As measured by market breadth, market sentiment was positive as 28 stocks gained relative to nine losers. Berger Paints and Eterna recorded the highest price gain of 10 per cent each to close at N7.70 and N6.05 respectively, while Oando followed with a gain 9.90 per cent to close at N5.33, per share.
MEYER Plc rose by 9.84 per cent to close at N2.12, while Skyway Aviation Handling Company appreciated by 9.83 per cent to close at N6.37, per share. On the other hand, SCOA Nigeria led the losers’ chart by 9.77 per cent to close at N1.94, per share. Associated Bus Company followed with a decline of 6.45 per cent to close at 29 kobo, while Neimeth International Pharmaceuticals depreciated by 3.55 per cent to close at N1.36, per share.
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