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UACN, others fuel market rally by 0.53% as week opens

Nigeria’s equities market rallied on Monday by 0.53 percent as investors bought stocks like UACN, May & Baker, Champion Breweries, Academy Press, Tripple Gee and other major advancers as week opened.


UACN rallied most from N54.95 to N60.40, adding N5.45 or 9.92 percent. May & Baker moved from N17.10 to N18.80, up by N1.70 or 9.94percent, while Champion Breweries advanced from N12.32 to N13.55, adding N1.23 or 9.98percent.


The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation increased from 134,452.93 points and N85.055 trillion to 135,166.51 points and N85.455 trillion.

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