By Nkiruka Nnorom
Activity revved up by marginal 0.17 percent on the Nigerian Stock Exchange, NSE, Tuesday following renewed interest in industrial goods stocks by investors.
Specifically, the renewed interest in two of the industrial goods stocks – Lafarge Africa Plc and Dangote Cement Plc, resulted in reversal of the industrial goods sector to the positive region as it posted the highest return of 2.08 percent to lead other sectorial indices.
This also resulted in increase in the All Share Index, ASI, by 0.17 percent to 40,499.04 points from 40,429.18 points the previous day.
Lafarge Africa, which slumped by over nine percent yesterday following a not-too-good full year financial statement, rebounded by 3.41 percent to close at N42.40 from N41.00, while Dangote Cement Plc appreciated by 1.19 percent to close at N255.00 from N252.00 per share.
Other top gainers during day…
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