Consumer Goods Index Edges Up As Honeywell, PZ Top Gainers List

The Consumer Goods Index edged up 0.08% on Tuesday to 553.10 points when a total of 4,203 deals were captured in the Nigerian stock market valued at N2.7 billion.

The banking sector captured the most trades once again, with the banking index ticking up 0.28% to 343.99 points, while the benchmark all-share index rose 0.10% to 38848.02 points.

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Top 5 Gainers

PZ Cussons Nig Plc was the top gainer with a 10 percent rise worth 45kobo to close at N4.95 per share.

Honeywell Flour Mill Plc was tied at the number one spot with a 10 percent gain of 13kobo cto close trading at N1.43 per share.

Sovereign Trust Insurance Plc followed with an 8 percent increase, worth 2kobo to close at 27kobo per share.

NEM Insurance Plc followed with a 7.5 percent gain worth 15kobo to close at N2.15 per share.

John Holt Plc gained 5.88 percent, or 3kobo to wrap up the day at 54kobo per share.

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Top 5 Decliners

Royal Exchange Plc lost 10 percent of its share price on Tuesday to be the top declined, closing at 36kobo per share after a 4kobo loss.

Portland Paints and Products Nig Plc followed closely with a 9.9 percent loss of 29kobo to close trading at N2.64 per share.

FTN Cocoa Processors Plc dipped 8.89 percent, equivalent to a 4 kobo drop to close trading 41kobo per share.

Chams Plc declined 4.55 percent, equivalent to a 1 kobo loss to close trading at 21kobo per share.

Livestock Feeds Plc ended the day 2.7 percent lower as it lost 5kobo to close trading at N1.80 per share.

Top 5 Trades

Zenith Bank Plc was once again the most traded stock today, swallowing with 381 trades valued at N575 million, according to stock market data retrieved by Allnews.

GT Bank Plc was the second most traded with 291 trades at the close of the market valued at over N683 million.

UACN Plc rounded up the day with 273 trades valued at over N280 million to be the thrid most traded stock.

FBN Holdings Plc took the number four spot as it closed for the day with 266 trades valued at N161 million.

Access Bank Plc maintained a spot for itself among the top traded companies with 245 at the close of the day valued at approximately N150 million.