Nestle, Dangote flour Mill, others hit new 52 week highs

by | November 29, 2017 4:20 pm

Nestle Plc, Dangote flour, Fidelity and Global spectrum hits one year high with Nestle Nigeria trading at N1,315, Dangote flour Mill Plc at N10.07, Global Spectrum at N5.56 and Fidelity  Bank at N1.99.

The year to date gain for Nestle Plc. is at 62.35 per cent, outperforming the NSE consumer index which is up 27.19 percent this year.

Nestle Plc was up by N25.00 or 1.94 per share at noon trading.

Dangote flour mill has gained 136.94 %, a higher than the NSE all share index and consumer index.

Fidelity Bank Plc gained 9.94 percent to N1.99, representing a 136.9 percent gain year to date compared to the NSE banking index which is up 69.19 per cent.

The newest oil and gas firm, Global Spectrum was introduced with eight hundred million (800,000,000) ordinary shares in the NSE on Monday, 27th November, 2017, trading at N5 per share and increased by 7.62 percent to N5.65 at close of trading today.