Nigerian Stock Market Surges N541.7 Billion on Investor Demand for BUA Foods

The Nigerian stock market saw a significant increase of N541.7 billion, attributed to investor interest in BUA Foods (NGX: BUAFOODS) and other companies. Market capitalization rose to N97.890 trillion, with the NGX All-Share Index crossing 154,000 points.

Notable gainers included Austin Laz, Eunisell Interlink, Honeywell Flour Mill (NGX: HONYFLOUR), and Guiness Nigeria, while losers included Hand Intern Energy, Meyer (NGX: MEYER), Livestock Feed, and C Leas. Trading volume decreased by 16.98%, with top active stocks including Access Bank (NGX: ACCESSCORP), Champion Breweries (NGX: CHAMPION), and FCMB Group (NGX: FCMB).