Nairametrics
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
  • Economy
    • Macro-Economic News
    • Get Data
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
  • Economy
    • Macro-Economic News
    • Get Data
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Consumer Goods

Presco Plc, others drive gains in NGX consumer goods index

Chidinma Anyalewechi by Chidinma Anyalewechi
October 8, 2021
in Consumer Goods, Stock Market
Presco Plc, others drive gains in NGX consumer goods index
Share on FacebookShare on TwitterShare on Linkedin

At the end of Thursday’s trading session, the Consumer Goods Index, which tracks the daily performance of quoted FMCG companies, recorded gains of 0.06% from the previous day of 564.13 points to 564.47 points.

The gains recorded in the Consumer Goods Index was driven mainly by PRESCO, OKOMU and INTERNATIONAL BREWERIES, who gained 5.92%, 2.39% and 1.11% respectively.

Stock Performance Summary

Presco Plc

Presco Plc’s share price appreciated by 5.92% to close at N85.00 per share, taking the market capitalization from N80.25 billion to N85.00 billion.

The growth in the shares of Presco can be attributed to investors’ positive sentiment in the shares of the company which induced a gain of N4.25 billion in market capitalization at the close of trading activities on the Nigerian Stock Exchange.

The shares of Presco Plc have advanced by 19.80% from year-to-date, starting the year at N70.95 and currently trading at N85.00. The shares of the company have returned about 44.44% gains for investors who bought them at their 52-week low trading price of N58.85 per share.

During today’s trading hours, 832,432 ordinary shares of Presco Plc worth about N66.56 million, were exchanged in 140 executed deals.

Okomu Oil Plc

Okomu Oil Plc’s share price grew from N112.80 to N 115.50, reflecting an increase of 2.39% at the end of the day’s trading session.

The increase in share prices took the market capitalization up from N107.60 billion to N110.18 billion inducing a gain of N2.58 billion in market capitalization at the close of trading activities on the Nigerian Stock Exchange.

The shares of Okomu oil Plc have advanced by 26.92% from year-to-date, starting the year at N91.00 and currently trading at N115.50. The shares of the company have returned about 35.88% gains for investors who bought them at their 52-week low trading price of N85.00 per share.

During today’s trading hours, 838,738 ordinary shares of Okomu Oil Plc worth about N98.27 million, were exchanged in 105 executed deals.

International Breweries Plc

The shares of the second most capitalized brewery grew by 1.11% from N4.50 to N4.55, taking the market capitalization from N120.88 billion to N122.22 billion at the end of the day’s trading session.

The increase in share prices induced a gain of N1.34 billion in market capitalization at the close of trading activities on the Nigerian Stock Exchange.

The shares of International Breweries Plc have declined by 23.53% from year-to-date, starting the year at N5.95 and currently trading at N4.55. However, the shares of the company have returned about 12.35% gains for investors who bought them at their 52-week low trading price of N4.05 per share.

During today’s trading hours, 1,603,436 ordinary shares of International brewery Plc worth about N7.37 million, were exchanged in 82 executed deals.

What you should know

At the end of daily trading activities, the NGX All-Share Index and market capitalization appreciated by 0.16% from the previous trading day, to close at 40,829.15 index points and N21.28 trillion respectively.

Related

Tags: Consumer GoodsFMCG companiesinternational breweriesOkomu OilPresco Plc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Access Bank
Bankers Committee
Flowmono

Bfpeer
Mega Millions
FCMB
Ikeja Electrics
Zenith CEX
Kwakol Markets
First bank





    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Why investments in Nigerian economy is declining – Atedo Peterside
    • Terra Founder, Do Kwon proposes Terra Hard Fork to save network
    • Energy crisis pushes Nigeria’s core inflation rate to a 5-year high

    Follow us on social media:

    Recent News

    Terra Founder, Do Kwon proposes Terra Hard Fork to save network

    Terra Founder, Do Kwon proposes Terra Hard Fork to save network

    May 17, 2022
    The impoverished Nigerian consumer

    Energy crisis pushes Nigeria’s core inflation rate to a 5-year high

    May 17, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Ranking & Reviews
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
    • Economy
      • Macro-Economic News
      • Get Data
    • General News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com