NGX Market Surges with N1.2 Trillion Gain in Five Hours

The Nigerian equities market, specifically the NGX, witnessed a surge in investor activity, resulting in a N1.2 trillion gain within five hours of trading. Dangote Cement (NGX: DANGCEM) and Nigerian Breweries (NGX: NB) were among the top gainers, driving the market index up.

Notable price movements included Dangote Cement's share price reaching N588.00, while Ikeja Hotel (NGX: IKEJAHOTEL) and Legend Internet (NGX: LEGENDINT) Trust experienced price declines. Key players in the trading activities included Zenith Bank (NGX: ZENITHBANK), Fidelity Bank (NGX: FIDELITYBK), and Guaranty Trust Bank (NGX: GTCO).

Babajide Okeowo was mentioned in the context of market transactions.