Consumer goods index gains 6.16 points, driven by gains in Nestle, Flourmills and Honeywell shares
The NSE Consumer goods index gained 6.16 index points following gains in the share prices of Nestle, Flourmills and Honeywell.
News and analysis about Nestle Nigeria
The NSE Consumer goods index gained 6.16 index points following gains in the share prices of Nestle, Flourmills and Honeywell.
The NSE Consumer goods index shed a total of 20.91 index points in March.
The Swiss multinational has increased its stake in Nestlé Nigeria with the acquisition of additional shares worth N774 million.
The Swiss multinational has increased its stake in Nestlé Nigeria with the acquisition of additional shares worth N104 million.
Nestle Nigeria must bear in mind that the year to beat is its 2019 performance, and not the forgettable 2020.
The Swiss multinational has acquired about 2.17 million additional shares in its Nigerian subsidiary worth N2.92 billion.
The Nigerian stock market breadth closed negative as 26 stocks posted 28 declines while 17 stocks appreciated.
FMCG Companies and consumer goods retailers benefitted from the changes in consumer behaviour.
NSE Consumer goods Index closed the week at 593.91 index points, as shares of Nestle, NB, Dangote Sugar, Flour Mills ...
The All-share index dropped d by 0.13% to close at 42,357.90 index points as against the 0.58% gain recorded last ...