Investors positive sentiments continued yesterday on the stock market of The Nigerian Exchange Limited as buying interest in Guinness Nigeria plc and 16 others drove the All-Share Index 0.24 per cent higher.
As measured by market breadth, market sentiment was negative, as 19 stocks lost relative to 17 gainers. Tripple Gee & Company recorded the highest price gain of 9.49 per cent to close at N1.50, per share. Guinness Nigeria went up by 6.35 per cent to close at N67.00, while Prestige Assurance appreciated by 5.00 per cent to close at 42 kobo, per share. On the other hand, International Energy Insurance led the losers’ chart by 6.20 per cent to close at N1.21, per share. Livestock Feeds followed with a decline of 5.45 per cent to close at N1.04, while Unity Bank went down by 3.77 to close at 51 kobo, per share.
The total volume traded increased by 26.3 per cent to 177.924 million shares, worth N5.693 billion, and traded in 3,617 deals.
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Nigerian stocks halt losses on higher interest in bank stocksThe all-share index grew by 37.4 basis points to 54,364.7, while market capitalisation advanced to N29.6 trillion
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