Seplat, GTCO, NGX Group set the pace as Nigerian stocks gain for third straight day

Nigerian stocks climbed for the third day on the trot on Tuesday, appreciating by 1.04 per cent or N262.2 billion as the confidence in equities, built around the bullish atmosphere of a reasonably positive earnings season, gained momentum, prompting investors to plough in more cash.

Market breadth, a pointer to investors’ attitude to trade, was positive as 36 gainers were reported, relative to 21 laggards. Academy Press went up by 9.57 per cent to N1.03. RT Briscoe rose to N0.24, notching up 9.09 per cent in the process. Presco climbed up by 8.75 per cent to N105.topped the losers’ chart declining by 9.50 per cent to close at N1.62. Eterna shed 9.17 per cent to end trade at N5.45.

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