June 25 (Lagos) - The all stock index of the Nigerian exchange went through the 120K mark today and closed above 121K registering an uptick of 1.07% at the time of writing this article.
The index moved higher on strong gains in
ZENITHBANK , Nigerian Breweries (
NB ) and
CADBURY on high volumes.
Some other stocks that gained strongly but were in short supply were brewery
CHAMPION ,
CILEASING ,
OANDO and
DANGSUGAR as there were very sellers while the buyers waited in the queue for the sellers to show up.
Stocks that were lower today included
ARADEL ,
NESTLE and
GTCO which has seen strong gains recently.
The stock exchange has seen big gains this week and it will be great if this momentum can continue throughout the week.