The Dangote Cement and Sunu Assurances Nigeria led the gainers’ chart at the end of Thursday’s trading session on the Nigerian Exchange.
Dangote Cement emerged as the top gainer, appreciating by 10 per cent to close at N474.10 per share.
According to the market analysis by Punch newspaper on Friday, the surge in Dangote Cement’s share price significantly contributed to the overall market’s positive performance, driven by increased investor demand and positive market sentiment.
The report said that Sunu Assurances Nigeria followed closely with a 10 per cent increase, closing at N6.27 per share. The insurance firm maintained its upward trajectory, benefiting from investor confidence and strategic positioning within the insurance sector.
Regency Alliance Insurance also recorded a 10 per cent gain, closing at N0.77 per share. This growth is attributed to positive sentiment in the insurance industry and increased buying interest in low-priced stocks.
Haldane McCall jumped by 9.98 per cent to close at N5.51 per share, continuing its bullish run from the previous trading sessions.
PZ Cussons Nigeria Plc appreciated by 9.96 per cent, closing at N25.95 per share, reflecting investor confidence in its growth prospects and strong market fundamentals.
Honeywell Flour Mills rose by 9.95 per cent to close at N13.92 per share, driven by increased demand and positive performance in the consumer goods sector.
Haldane McCall jumped by 9.98 per cent to close at N5.51 per share, continuing its bullish run from the previous trading sessions.
PZ Cussons Nigeria Plc appreciated by 9.96 per cent, closing at N25.95 per share, reflecting investor confidence in its growth prospects and strong market fundamentals.
Honeywell Flour Mills rose by 9.95 per cent to close at N13.92 per share, driven by increased demand and positive performance in the consumer goods sector.
GIK/APA