Nigerian stocks rally on scramble for Access Holdings’ shares

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The all-share index grew by 83 basis points to 52,290.8, while market capitalisation climbed to N28.5 trillion

Mutual Benefits appreciated by 10 per cent to close at N0.33. NEM Insurance enlarged by 9.6 per cent to end trade at N4.55. CWG rose to N1.20, notching up 9.1 per cent in the process. Ardova went up by 8.5 per cent to N19.85. Champion Breweries completed the top 5, climbing by 8.3 per cent to N0.39.Linkage Assurance led losers, declining by 9.4 per cent to close at N0.48. McNichols shed 8.9 per cent to end trade at N0.72. Red Star Express fell to N2.3, losing 8.73 per cent.

Chams had 31 million shares valued at N10.1 million and traded in 85 deals. Zenith traded 24.9 million shares estimated at N597.3 million in 426 transactions.

 

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