#Latest news with #FrigoglassBloomberg2 days agoBusinessBloombergShrinkflation Trade Makes Beta Glass a Winner on Nigerian BourseNigeria's cost-of-living crisis has helped make packaging company Beta Glass Plc the best performing equity on the Nigerian Stock Exchange, as companies opt for multiple product sizes to manage higher costs. The unit of Athens-based Frigoglass SAIC has risen 254% this year to 230 naira per share — vastly outperforming an overall index up just 11% — amid strong demand for various sizes of containers as companies shrink product size to counter rapid inflation.
Bloomberg2 days agoBusinessBloombergShrinkflation Trade Makes Beta Glass a Winner on Nigerian BourseNigeria's cost-of-living crisis has helped make packaging company Beta Glass Plc the best performing equity on the Nigerian Stock Exchange, as companies opt for multiple product sizes to manage higher costs. The unit of Athens-based Frigoglass SAIC has risen 254% this year to 230 naira per share — vastly outperforming an overall index up just 11% — amid strong demand for various sizes of containers as companies shrink product size to counter rapid inflation.
2 days ago
