NESTE, SEPLAT, GUINESS OTHERS GAIN AS STOCK MARKET RISES BY 0.06%

Nigeria’s stock market closed positive yesterday by 0.06 percent driven by gains recorded in share prices of Nestle Nigeria plc, Seplat Petroleum Development Company plc, Guinness Nigeria plc, Nigerian Breweries plc and Mobil Oil Nigeria plc.

After yesterday’s trading, 23 stocks gained on the Nigerian bourse while 29 equities lost their value. Nestle led the pack of 23 stocks that recorded price increase after its share price rallied from N995 to N1,043, adding N48; followed by Seplat which recorded gain of N16.88 after its share price moved up from N355.12 to N372.

Read more @ Businessday