Nigeria’s equities market garnered N253billion on Tuesday as investors continued to cherry-pick value stocks ahead of half-year (H1) portfolio rebalancing. The market rose by 0.36 percent at the close of trading.
The market’s major advancers include SFS REIT which rose from N206 to N226.60, adding N20.60 or 10percent; IMG which increased from N33.65 to N37, after rising by N3.35 or 9.96percent, and Honeywell Flourmills which was also up from N20 to N22, rising by N2 or 10percent. The share price of SCOA also moved up remarkably from N4.90 to N5.39, adding 49kobo or 10percent.
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