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Market Snippet: Nigerian Breweries Join Losers In Share Market

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Stock Market

Nigerian Breweries was one of the losers in the share market on Wednesday, September 27. The brewery like its counterpart International Breweries was on the declining side of the market.

 

The Octopus News Business Snippet gives an insight into gainers and losers.

 

The All Share Index and market capitalisation, went down by 1.15 per cent to close at 34,951.27 points on Tuesday, from 35, 358.73 points on Monday.

Thus, the market capitalisation depreciated from N12.188 trillion reported on Tuesday trading day to close at N140.460 billion.

Also Read: Ace Desire” May Fail-Brand Experts

Losers:

Nestle Nigeria: 19.70

International Breweries: 187 kobo

Nigerian Breweries: 100 kobo

 

Gainers:

Presco: 194 kobo

National Salt Company of Nigeria: 60 kobo

Oando: 19 kobo

Unilever: 19 kobo

Zenith Bank: 11 kobo

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