Thursday, August 17, 2017 6:53:30 AM- Nigerian Stock Exchange.



  Stock up sharply, GTB hits new all time high

      & Dangote Cement hits a new one year high again today

July 25 (Lagos) - The All Stock Index of the Nigerian Stock market rose by 2.54% after the Monetary Policy Committee of the CBN decided to maintain the current benchmark lending rate at 14% in spite of raging inflation prevailing in the Country. 



UBA & MAYBAKER added 10% each today to their respective stock prices closing the day on N 10.41 and N 3.19 respectively. 



Dangote Cement Plc ( DANGCEM ) closed higher at N 233.50 thereby hitting a new high point for the past year. When this stock rises by more than 4% like it did today, then the All stock Index rises sharply as well because it is the most weighted stock in the index. 




Nestle Nigeria Plc ( NESTLE ) rose almost 1% to N 910 per unit and FLOURMILL rose almost 5% to N 28.03 per unit today at the exchange. 



GTB ( GUARANTY ) also hit a new one year high price today of N 37.7 per unit at close of day. 



OANDO rose almost 5% to close at 7.85% today. 




reporting for easykobo.com on Tuesday, July 25 2017 from Lagos, Nigeria






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