Ardova, Lafarge Africa, others lift market index by 0.17% | The Guardian Nigeria News - Nigeria and World News

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Transactions on the Nigerian Stock Exchange (NSE) reopened upbeat yesterday occasioned by gains in some blue-chip stocks, including Ardova and Lafarge Africa, leading to a rise in the All-Share Index (ASI) by 0.17 per cent.

At the close of trading, ASI gained 64.96 absolute points, representing a growth of 0.17 per cent to close at 39,396.57 points. Similarly, the overall market capitalisation value rose by N34 billion to close at N20.612 trillion.

Also, market sentiment, as measured by market breadth, was positive, as 26 stocks gained, relative to 15 losers. Ardova and Linkage Assurance recorded the highest price gain of 10 per cent each to close at N14.85 and 55 kobo while Champion Breweries followed by a gain of 9.52 per cent to close at N1.84 kobo.

Ikeja Hotel lost 9.48 per cent to close at N1.05 while NEM Insurance shed 6.88 per cent to close at N1.76 kobo.

 

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