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Home Sectors BUSINESS & ECONOMY NSE Index Resumes Movement North with 0.44% Gain
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NSE Index Resumes Movement North with 0.44% Gain

February 20, 2017
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    capitalised stocks

     

    Transactions on the floor of the Nigerian Stock Exchange, NSE, on Friday, February 17 reversed the previous day lackluster performance, driving market value up

    As such, the All Share Index appreciated by 0.44 percent to close at 25,164.91 points with a bulk of the sectors on the bourse closing in green except the Oil & gas and insurance index that lost 0.59 and 0.09 percent respectively.

    Market breadth turned green with 21 advancers against 10 losers. PZ Nigeria led the day’s 21 advancing stocks by 10.12 percent to close at N13.39,

    Julius Berger was next with a growth of 4.98 percent to close at N38.39 and United Capital added 3.52 percent to close at N3.82.

    Jaiz Bank and Access Bank came fourth and fifth on the gainers list with an appreciation of 2.96 and 2.87 percent to close at N1.39 and N6.82 per share respectively

    On the flip side, Livestock feeds led the losers with a loss of 5.00 percent to close at 76 kobo, followed by Forte Oil, which shed 4.99 percent to close at N59.21.

    UAC-Prop dropped 4.90 percent to close at N1.94, Diamond Bank fell 3.53 percent to close at 82 kobo, while Custody went down by 2.41 percent to close at N3.24.

    At the end of the trading session for the last day of the week, stock market investors traded a total of 480 million shares in 2, 713 deals worth N1.978 billion.

     

     

     

     

     

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