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Home Sectors BUSINESS & ECONOMY NSE Index Adds 0.25% on Sustained Bullish Trend
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NSE Index Adds 0.25% on Sustained Bullish Trend

December 9, 2016
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    capitalised stocks

    Transactions on the floor of the Nigerian Stock Exchange, NSE, on Thursday, December 8, maintained previous session’s recovery to close the day with a gain of 0.25 percent.

    As such, the All share Index settled at 25,739.18 points from previous sessions 25,673.80 points, with Market breadth with market breadth closing negative with 19 gainers to 20 losers.

    Forte Oil sustained previous session lead on the gainers’ chart with a 10.24 percent appreciation, to close at N96.37 per share. Honeywell flour mills followed with a growth of 9.28 percent to close at N1.06 per share while Portland paints added 4.59 percent to close at N2.28 per share.

    Wema Bank  added 3.77 percent to close at 55 kobo per share and Aiico Insurance improved by 3.51 percent to close at 59 kobo per share

    Conversely, Total led the recliners with a loss of 9.08 percent to close at N276.05 on the back of profit taking, having rose to N304.44 per share in Tuesday’s session. International Breweries and Mobil trailed with a depreciation of 5 percent each to close at N18.05 and N307.15 per share respectively.

    Fidson Healthcare Pharmaceuticals plunged 4.79 percent to close at N1.39 per share as Neimeth depreciated 4.76 percent to close at N1.39 per share.

    At the end of the day’s session, investors exchanged a total of 165.9 million units of shares valued at N1.3 billion in 2,485 deals

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