The Consumer Goods Index, which tracks the daily performance of quoted FMCG companies, appreciated by 0.31%, from 558.81 points to 561.00 points, at the end of yesterday’s trading session.
The increase recorded in the consumer goods index was driven mainly by PZ Cussons Plc and Unilever Nig. Plc, which appreciated by 9.26% and 9.85% respectively.
Stocks performance summary
PZ Cussons Plc
PZ Cussons Plc share price grew from N5.40 to N5.90, reflecting a growth of 9.26% at the end of the day’s trading session.
The increase in share prices took the market capitalization up from N21.44 billion to N23.43 billion inducing a gain of N1.99 billion in market capitalization at the close of trading activities on the Nigerian Stock Exchange.
The shares of PZ Plc have advanced by 11.32% from year-to-date, starting the year at N5.30 and currently traded at N5.90. However, the shares of the company have returned about 42.17% gains for investors who bought them at their 52-week low trading price of N4.15 per share.
During yesterday’s trading hours, 1,963,256 ordinary shares of PZ Cussons Nig. Plc worth about N11.57 million were exchanged in 153 executed deals.
Unilever Nig Plc
The shares of Unilever Nig. Plc appreciated by 9.84% from N13.20 to N14.50, taking the market capitalization from N75.83 billion to N83.30 billion at the end of the day’s trading session.
The growth in share prices resulted in a gain of N7.47 billion in market capitalization at the close of trading activities on the Nigerian Stock Exchange.
The shares of the conglomerate Plc have appreciated by 4.32% from year-to-date, starting the year at N13.90 and currently traded at N14.50. The shares of the company have returned about 27.19% gains for investors who bought them at their 52-week low trading price of N11.40 per share.
During yesterday’s trading hours, 753,508 ordinary shares of International Breweries Plc worth about N10.83 million, were exchanged in 104 executed deals.
What you should know
At the end of daily trading activities, the NGX All-Share Index and Market Capitalization appreciated by 0.14% from the previous trading day, to close at 41,763.26 index points and N21.79 trillion respectively.
