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Nigerian stocks extend gain amid buying pressure on Honeywell Flour

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The benchmark index advanced 0.11 per cent.

The benchmark index advanced to 39,490.06 points, adding 41.60, while market capitalisation was up at N20.6 trillion.Honeywell led gainers, upping by 10 per cent to N1.87. Wema grew by 3.95 per cent to end trade at N0.79. Flour Mills went up by 3.10 per cent to N29.90.

AIICO rose to N0.97, notching up 2.11 per cent in the process. gtco completed the top 5, climbing up by 1.07 per cent to N28.40.SFSREIT shed 9.99 per cent to close at N61.75. Tripple Gee shed 9.28 per cent to end today’s trade at N0.88. Regal Insurance fell to N0.43, losing 8.51 per cent in the process.

Regal Assurance eased to N0.44, recording 8.33 per cent slide. Japaul Gol closed at N0.47, going down by 7.84 per cent.Shares totalling 570.2 million estimated at N2.3 billion were traded in 3,764 deals. Honeywell was the most active stock, trading 384.1 million shares worth N654.2 million traded in 145 deals. Vitafoam shares of 21.4 million units priced at N331.2 million exchanged hands in 139 transactions.

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