Best-performing consumer goods stocks on the Nigerian Exchange (NGX) in 2023
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The NGX Consumer Goods Index witnessed a 90.39% appreciation in 2023, as some consumer goods companies recorded impressive showings in the NGX during the year.
1M | 3M | YTD | 1Y | 2Y |
-1.19% | +0.05% | +31.33% | +49.50% | +94.68% |
Value Traded (Mln NGN) 21,597.85 |
Volume 1,103,342,382 |
Transactions 9,111 |
Market Cap. (Bln NGN) 55,602.02 |
The NGX Consumer Goods Index witnessed a 90.39% appreciation in 2023, as some consumer goods companies recorded impressive showings in the NGX during the year.
In 2023, the NGX Banking Index recorded a growth of 114.9%, making the index the second-best performing index on the NGX after the oil and gas index.
As 2023 winds up, the NGX has witnessed remarkable performances in two pivotal sectors: banking and consumer goods.
Shareholders of Nigerian Breweries Plc have approved the acquisition of an 80% stake in Distell Wines & Spirits Nigeria Limited.