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    BUA Foods Hits N12.465trn, Highest in Nigerian Market

    Julius AlagbeBy Updated:No Comments1 Min Read
    BUA Foods Hits N12.465trn, Highest in Nigerian Market
    BUA

    BUA Foods Hits N12.465trn, Highest in Nigerian Market

    The stock market value of BUA Foods Plc’s 18 billion shares outstanding on the Nigerian Exchange (ngx) surged to N12.465 trillion as investors increased their bet on the market mover.

    In absolute terms, BUA Foods market value increased by N765 billion, up from N11.700 trillion to N12.465 billion because of not so much trade volume executed.

    Trading data showed that the consumer goods company reached a new height on Tuesday as 311, 019 units of BUA Foods valued at N212.169 million were executed in the local bourse, driven by buy side actors.

    The company courted investors’ attention ahead of third quarter earnings release. BUA Foods’ share price increased by 6.54% on the day to N692.50, its new 52-week high in the Nigerian Exchange.

    The food producer has indicated its third quarter of 2025 earnings results may be delayed, and the market anticipates the scorecard to be a major catalyst for additional re-rating. #BUA Foods Hits N12.465trn, Highest in Nigerian Market Bank of America Profit Soars by 23.18% to $8.5bn in Q3

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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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