Critical Minerals and Briscoe Drive Nigerian Market Gains
On September 25, the Nigerian equities market experienced a positive trading session, marked by significant price movements across various sectors. Critical Minerals Financing Corporation topped the gainers' list, advancing by 10% to close at N2.97 per share, up from N2.70 in the previous session.
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Briscoe Nigeria followed closely with a gain of 9.55%, settling at N9.75. Other notable gainers included Caverton Offshore Support Group, which rose by 8.75% to N4.35, and Nigerian Aviation Handling Company, which increased by 8.57% to N152.00.
Additional gains were observed in mid-cap and small-cap stocks, such as Legend Internet and ABC Transport. In contrast, Neimeth International Pharmaceuticals led the losers' chart, declining by 7.23% to N7.70.
The Exchange Traded Funds segment saw Meristem Growth ETF rise by 6.21%, while Stanbic IBTC ETF 30 and The SIAM L Pension ETF 40 each dropped by 10%. No price changes were recorded in the debt market during this session.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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