FMCG Companies and consumer goods retailers benefitted from the changes in consumer behaviour.
NSE Consumer goods Index closed the week at 588.40 index points, as shares of Dangote Sugar, Unilever, others dipped.
Year-to-date return and market capitalization improved by the same margin to settle at 1.90% and N21.45 trillion, respectively.
The market breadth closed positive as UPDCREIT led 23 Gainers as against 16 Losers topped by CHAMPION.
Unilever is targeting long-term sales growth of 3% to 5%, as sales in China and India rebound.
Unilever’s ambition is to improve living standards for low-paid workers worldwide.
The market breadth closed negative as BOCGAS led 15 Gainers as against 34 Losers topped by BUACEMENT at the end of today's session.
Market sentiment was however positive, as there were 29 advancers and 9 decliners.
Nigerian bourse trading turnover printed positive as Monday trading volume surged by +118.38% as against -26.12% downtick recorded last Friday.
With 18 gainers and 16 losers, most sectoral indices rode on the back of gains by mid and large-cap stocks to close positive.