Nigerian stocks close in on six-month high

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Transaction volume improved by 3 per cent, while turnover depleted by as much as 67 per cent.

Market breadth, which measures the extent of investors’ sentiment towards trade, was positive as 36 gainers were reported compared to 12 losers.

The all-share index enlarged 463.6 basis points to 52,512.5, while market capitalisation increased to N28.6 trillion.Total was the most profitable stock, appreciating by 10 per cent to N212.3. Berger Paints went up by 10 per cent to N6.60. Linkage Assurance rose to N0.44, notching up 10 per cent. Thomas Wyatt added 9.6 per cent to end the trade at N1.48 while Prestige completed the top 5, climbing by 9.52 per cent to N0.46.

UBA had 17.1 million shares valued at N144.4 million traded in 268 deals. Sterling Bank traded 15.8 million shares estimated at N24.3 million in 93 transactions and Transcorp traded 11.7 million shares valued at N14.1 million in 76 deals.

 

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Belgique Dernières Nouvelles, Belgique Actualités