Nigerian stock market sees biggest trade volume in months on record demand for First Bank shares

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Okomu, Zenith, Access and GTCO especially helped stocks’ general performance.

Pharma Deko topped the gainers’ chart, appreciating by 9.74 per cent to close at N2.14. Sovereign Trust climbed up by 8.70 per cent to N0.25.

Okomu Oil added 5.77 per cent to end trade at N110. Eterna advanced by 4.95 per cent to N7. Champion Breweries rose to N2, notching up 4.71 per cent in the process.SCOA led laggards, declining by 9.38 per cent to close at N0.87. Presco shed 8.18 per cent to end trade at N73. Regal Insurance fell to N0.44, losing 6.38 per cent.

Total slumped to N192, recording 3.61 per cent decline. UBA closed at N7.50, going down by 1.96 per cent.FBN Holding was the most active stock with 481.5 million of its shares worth N3.6 million traded in 122 deals. A total of 16.6 million units of ETI shares, priced at N87.8 million, changed hands in 25 transactions. Zenith had 12 million shares valued at N279 million traded in 275 deals.

 

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