ETI, GTCO, BUA CEMENT Drive Midday Rally on NGX
Nigerian Exchange (NGX) is currently on rally mode on Thursday, according to intraday trading results shared by Alpha Morgan Capital. Equity investors continue to position in dividend-paying stocks as earnings berthed.
Heavy buying interest was spotted on some banking and industrial stocks as midday trading data shows equity investors are positioning in Zenith Bank stock, GTCO, Ecobank and BUA Cement among others.
BUA Cement is currently at Sokoto to launch its line 4 plant, according to the company in a statement.
With the bullish trading, demand for zenith share has lifted the price 0.20%, TRANSCORP inched higher 0.94%, GTCO gained 0.98%, BUACEMENT jumped 2.87%, and ETI inches higher by 9.17%.
Overall, the Nigerian Exchange All Share Index has increased by 0.35 per cent midday, according to Alpha Morgan Capital. # ETI, GTCO, BUA CEMENT Drive Midday Rally on NGX >>> Read Also: Nigerian Bourse Tracking Lower Midday on Profit-Taking

