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Gains in GTCO, Zenith Bank, Others Lift Stock Market by N247bn

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Darasimi Adebisi The stock market of the Nigerian Exchange Limited (NGX) yesterday ended trading activities for the second day of the week on a positive note achieving a gain of N247billion in mark…

The stock market of the Nigerian Exchange Limited yesterday ended trading activities for the second day of the week on a positive note achieving a gain of N247billion in market capitalisation.

Consequently, he NGX All Share Index increased by 473.61 basis points, representing a growth of 1.18 per cent to close at 40,716.66 basis points. Similarly, the market capitalisation gained N247 billion to close at N21.217 trillion. Furthermore, the market breadth closed positive, recording 32 gainers as against 18 losers. FBNH recorded the highest price gain of 9.76 per cent, to close at N9.00, per share. Pharma Deko followed with a gain 9.69 per cent to close at N2.83, while Courteville Business Solutions appreciated by 7.89 per cent to close at 41 kobo, per share.

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