Nigerian stocks overturn loss as traders chase Dangote Cement shares ahead of buyback restart

UPL led gainers, appreciating by 9.38 per cent to close at N1.40. Regal Insurance grew by 8.16 per cent to end trade at N0.53. Veritas Kapital went up by 5 per cent to N0.21. Consolidated Hallmark rose to N0.75, notching up 4.17 per cent in the process. Royal Exchange traded up 3.90 per cent to N0.80.CWG topped the losers’ chart, declining by 9.66 per cent to close at N1.87. Ikeja Hotel shed 9.09 per cent to end today’s trade at N1. NASCON fell to N13.50, losing 8.78 per cent in the process.

Japaul was the most active stock with 19.949 million of its shares worth N11.406 million traded in 74 deals. FBN Holdings traded 12.225 million shares priced at N87.891 million in 118 transactions. Transcorp had 11.842 million shares valued at N10.446 million exchange hands in 54 deals. UACN traded 10.807 million shares estimated at N11.887 million in 117 transactions. Fidelity traded 9.836 million shares valued at N21.852 million in 134 deals.

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