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Stock market increases further by 0.04%

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 Investors buying interests in stocks of Nestle and First Bank of Nigeria Holdings FBNH sustained the positive posts at the Nigerian Exchange Ltd on Friday Similarly the market gained N11 billion or 0 04 per cent making the market capitalisation to close at N26 797 trillion from N26 786 trillion recorded on Thursday Also the All Share Index ASI rose by 20 28 points or 0 04 per cent to 49 683 15 from 49 661 87 it was at the previous trading Consequently the Year to Date YTD return rose to 16 31 per cent Transaction activities ended with 17 gainers and 11 losers Japaul Gold and Ventures led the gainers with 9 68 per cent to close at 34k per share Mutual Benefits Assurance followed with an appreciation of 7 14 per cent to close at 30k per share FCMB Group rose by 5 96 per cent to close at N3 20 while Unity Bank gained five per cent to close at 2k per share Academy Press gained by 4 39 per cent to close at N2 14 per share Conversely Ellah Lakes led the losers chart with a depreciation of 10 per cent to close at N3 60 per share Vitafoam Nigeria followed by dropping 9 78 per cent to close at N20 30 per share and NPF Microfinance Bank lost 9 09 per cent to close at N1 50 per share Chams declined by 7 41 per cent to close at 25k while Union Bank of Nigeria shed 6 67 per cent to close at N5 60 per share Analysis of today s market activities showed trade turnover settled higher compared to the previous session with the value of transactions up by 67 93 per cent A total of 193 51 million shares valued at N4 64 billion were exchanged in 3 307 deals compared to 226 47 million shares valued at N2 76 billion exchanged in 3 515 deals Jaiz Bank recorded the highest volume of 45 9 million shares traded shares valued at N39 05 million It was followed by FBN Holdings which sold 24 9 million shares worth N270 98 million while Access Holdings transacted 18 9 million shares valued N154 95 million Also NEM Insurance Company traded 11 1 million share units valued at N51 45 million while Guaranty Trust Holding Company GTCO transacted 9 34 million shares worth 186 9 million NewsSourceCredit NAN
Stock market increases further by 0.04%

First Bank of Nigeria Holdings

Investors’ buying interests in stocks of Nestle and First Bank of Nigeria Holdings (FBNH) sustained the positive posts at the Nigerian Exchange Ltd. on Friday.

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Similarly, the market gained N11 billion or 0.04 per cent, making the market capitalisation to close at N26.797 trillion from N26.786 trillion recorded on Thursday.

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All-Share Index

Also, the All-Share Index (ASI) rose by 20.28 points or 0.04 per cent to 49,683.15 from 49,661.87 it was at the previous trading.

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Consequently, the Year-to-Date (YTD) return rose to 16.31 per cent.

Transaction activities ended with 17 gainers and 11 losers.

Japaul Gold and Ventures

Japaul Gold and Ventures led the gainers with 9.68 per cent to close at 34k per share.

Mutual Benefits Assurance

Mutual Benefits Assurance followed with an appreciation of 7.14 per cent to close at 30k per share.

Unity Bank

FCMB Group rose by 5.96 per cent to close at N3.20, while Unity Bank gained five per cent to close at 2k per share.

Academy Press

Academy Press gained by 4.39 per cent to close at N2.14 per share.

Ellah Lakes

Conversely, Ellah Lakes led the losers’ chart with a depreciation of 10 per cent to close at N3.60 per share.

Vitafoam Nigeria

Vitafoam Nigeria followed by dropping 9.78 per cent to close at N20.30 per share and NPF Microfinance Bank lost 9.09 per cent to close at N1.50 per share.

Union Bank of Nigeria

Chams declined by 7.41 per cent to close at 25k, while Union Bank of Nigeria shed 6.67 per cent to close at N5.60 per share.

Analysis of today’s market activities showed trade turnover settled higher compared to the previous session, with the value of transactions up by 67.93 per cent.

A total of 193.51 million shares valued at N4.64 billion were exchanged in 3,307 deals compared to 226.47 million shares valued at N2.76 billion exchanged in 3,515 deals.

Jaiz Bank

Jaiz Bank recorded the highest volume of 45.9 million shares traded shares valued at N39.05 million.

Access Holdings

It was followed by FBN Holdings which sold 24.9 million shares worth N270.98 million, while Access Holdings transacted 18.9 million shares valued N154.95 million.

Insurance Company

Also, NEM Insurance Company traded 11.1 million share units valued at N51.45 million, while Guaranty Trust Holding Company (GTCO) transacted 9.34 million shares worth 186.9 million

NewsSourceCredit: NAN

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