Flour Mills Nigeria Gain N28 billion on NSE in 10 Trading Days

…As the Share Price Rose by 26.15%

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Flour Mills has Gained N28 Billion on the Nigeria Stock Exchange in Ten Trading Sessions, as the Share Price Rose by 26.15%.
After the performance of the shares of Flour Mills, Nairametrics discovered its shares increased by 26.15% within the review period.

The increase witnessed in the company’s share price was triggered by renewed buying interests among investors for the shares of Flour Mills, on the back of its robust fundamental strength, and the impressive financial results the food and agro-allied company delivered in 2020.

Checks by Nairametrics also revealed that the company has gained N27,882,581,314.00 on the NSE so far this year. This is logical as the buying interest in the shares of the company saw the market capitalization increase from N106.61billion on the 4 January 2021, to N134.49billion at the close of trade on the exchange today.

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