Blue-chip stocks help Nigerian shares to further gain

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A positive market breadth was recorded as there were 18 gainers against eight losers at the end of trade.

The all-share index climbed 50.41 basis points to 38,615.11, while market capitalisation lifted to N20.126 trillion.Champion Breweries led the gainers’ chart, appreciating by 10 per cent to close at N1.98. Wapic went up by 9.43 per cent to N0.58. Lasaco rose to N1.50, notching up 7.91 per cent in the process. Berger Paints added 7.69 per cent to end today’s trade at N7.70. Mutual Benefits completed the top 5, climbing up by 6.52 per cent to N0.49.

55. Sterling Bank fell to N1.54, losing 1.91 per cent. International Breweries slipped to N5.40, recording 1.82 per cent depreciation. Linkage Assurance closed at N0.55, going down by 1.79 per cent.Wema was the most active stock with 27.242 million units of its shares worth N15.003 million traded in 118 deals. Mutual Benefits had 21.393 million shares priced at N10.509 million exchange hands in 98 transactions. Zenith traded 16.265 million shares valued at N382.129 million in 311 deals.

 

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