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Get a concise overview of the post NGX sustains bullish trend on Dangote Sugar, NASCON merger talks in the sections below.
Noteworthy points
Nigerian equities maintain their bullish trend as the local bourse rallies amid Investors’ confidence following merger talks between Dangote Sugar Refinery Plc and NASCON Plc.
DANGOTE SUGAR, NASCON and JOHNHOLT led the top gainer’s chart as they all gained +10.00%, +9.98% and +9.92% respectively.
NGX ASI: 68,279.14 points
Market breadth closed positive as DANGOTE SUGAR (10.00%) led gainers, CHIPLC (-10.00%) led losers while REGALINS was the most traded equity – by volume – at the end of today’s session.
While MTN NIGERIA, DANGOTE CEMENT, BUA CEMENT, SEPLAT ENERGY and AIRTEL AFRICA all closed flat.
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