Critical Minerals, Briscoe lift NGX in positive session
The Nigerian equities market recorded a positive session, with Critical Minerals and R. T. Briscoe leading the gainers’ table with significant price advanc Read More: https://punchng.com/critical-minerals-briscoe-lift-ngx-in-positive-session/
The Nigerian equities market experienced heightened trading activity on Thursday, with diverse sectors driving the market's performance. Critical Minerals Financing Corporation emerged as the top performer, surging by 10% to close at N2.97 per share. R. T. Briscoe Nigeria and Caverton Offshore Support Group also reported solid gains, rising 9.55% and 8.75% respectively, to close at N9.75 and N4.35 per share.
Nigerian Aviation Handling Company, Linkage Assurance, and Seplat Energy followed suit, gaining 8.57%, 7.36%, and 7.33% to close at N152.00, N1.75, and N16,000.00 respectively. Several mid-cap and small-cap stocks, including Legend Internet, ABC Transport, Fidson Healthcare, Austin Laz and Company, and Consolidated Hallmark Holdings, also posted positive gains.
Conversely, Neimeth International Pharmaceuticals and Ellah Lakes were the top losers, declining by 7.23% and 5.33% to close at N7.70 and N8.00 respectively. The banking sector saw mixed performances, with Fidelity Bank up 3.73% to N20.85 and Jaiz Bank up 2.50% to N8.20. In the Exchange Traded Funds segment, Meristem Growth Exchange Traded Fund led gains, rising 6.21% to close at N135.95, while Lotus Halal Equity ETF gained 5.46% to N143.00.
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