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NGX maintains bullish trend with 2.03% growth

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 Trading activities on the Nigerian Exchange Ltd NGX on Thursday remained bullish with the crucial indicators growing by 2 03 per cent The market capitalisation gained N532 billion to close at N26 786 trillion compared with N26 253 trillion on Wednesday Similarly the All Share Index which opened at 48 675 24 gained 986 63 points or 2 03 per cent to close at 49 661 87 A breakdown of the price movement table showed that Mutual Benefit Assurance topped the losers table with a loss of 9 68 per cent to close at 28k per share Honeywell Flour Mill trailed with a loss of 8 42 per cent to close at N2 72 while Flour Mills Nigeria dipped by 7 06 per cent to close at N27 per share Unity Bank was down by 7 06 per cent to close at 40k and First City Monument Bank FCMB declined by 3 51 per cent to close at N3 02 per share Conversely Computer Warehouse Group led the gainers table growing by 10 per cent to close at 99k per share Learn Africa followed with a gain of 9 78 per cent to close at N2 47 while Caverton Offshore Support Group reaped also 9 52 per cent to close at N1 15 per share Multiverse Mining amp Exploration increased by 9 52 per cent to close at N2 30 while Chams improved by eight per cent to close at 27k per share Mutual Benefits Assurance dominated the activity chart with an exchange of 74 5 million shares worth N22 84 million FBN Holdings followed with an account of 23 43 million shares valued at N251 88 million while Access Holdings traded 15 9 million shares worth N130 19 million United Bank for Africa sold 15 3 million shares valued at N107 07 million while NEM Insurance transacted 13 49 million shares worth N62 12 million In all investors bought and sold 226 47 million shares valued at N2 76 billion achieved in 3 515 deals NewsSourceCredit NAN
NGX maintains bullish trend with 2.03% growth

Exchange Ltd

Trading activities on the Nigerian Exchange Ltd. (NGX) on Thursday remained bullish with the crucial indicators growing by 2.03 per cent.

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The market capitalisation gained N532 billion to close at N26.786 trillion, compared with N26.253 trillion on Wednesday.

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All-Share Index

Similarly, the All-Share Index, which opened at 48,675.24, gained 986.63 points or 2.03 per cent to close at 49,661.87.

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Mutual Benefit Assurance

A breakdown of the price movement table showed that Mutual Benefit Assurance topped the losers’ table with a loss of 9.68 per cent to close at 28k per share.

Honeywell Flour Mill

Honeywell Flour Mill trailed with a loss of 8.42 per cent to close at N2.72, while Flour Mills Nigeria dipped  by 7.06 per cent to close at N27 per share.

Unity Bank

Unity Bank was down by 7.06 per cent to close at 40k and First City Monument Bank (FCMB) declined by 3.51 per cent to close at N3.02 per share.

Computer Warehouse Group

Conversely, Computer Warehouse Group led the gainers’ table, growing by 10 per cent to close at 99k per share.

Learn Africa

Learn Africa followed with a gain of 9.78 per cent to close at N2.47, while Caverton Offshore Support Group  reaped also 9.52 per cent to close at N1.15 per share.

Multiverse Mining

Multiverse Mining & Exploration increased by 9.52 per cent to close at N2.30, while Chams improved by eight per cent to close at 27k per share.

Mutual Benefits Assurance

Mutual Benefits Assurance dominated the activity chart with an exchange of 74.5 million shares worth N22.84 million.

Access Holdings

FBN Holdings followed with an account of 23.43 million shares valued at N251.88 million, while Access Holdings traded 15.9 million shares worth N130.19 million.

United Bank for Africa

United Bank for Africa sold 15.3 million shares valued at N107.07 million, while NEM Insurance transacted 13.49 million shares worth N62.12 million.

In all, investors bought and sold 226.47 million shares valued at N2.76 billion achieved in 3,515 deals.

NewsSourceCredit: NAN

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