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Nigerian stocks rebound on renewed interest in top firms

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The benchmark index climbed 380.81 points to close at 39,085.78, while market capitalisation rose to N20.450 trillion at the end of trade.

Stanbic led gainers, growing by 9.99 per cent to close at N48.45, buoyed by its strong 2020 financial result and simultaneous declaration of dividend and scrip. NPF Microfinance Bank gained 9.60 per cent to close at N1.94. Cornerstone rose by 8.93 per cent to N0.61. Guinness leapt to N27.30, notching up 8.76 per cent in the process. Oando completed the top 5, climbing up by 8.68 per cent to N3.38.MRS topped the losers’ table, declining by 9.70 per cent to close at N12.10.

tumbled to N20.90, losing 7.11 per cent. Africa Prudential dipped to N5.20, recording a 5.45 per cent loss. Livestock closed at N1.81, going down by 4.74 per cent.Related

 

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