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Stock Market Gains N759m As Index Closes At 0.01%

NSE Stock Market

By Modupe Gbadeyanka

The Nigerian Stock Exchange (NSE) started the week in green with the all-share index closing at 25,743.03 points after going up by 0.01 percent or 2.2 points.

Also, the market capitalisation went up by N759 million to finish at N8.855 trillion.

Investors at the stock market on Monday staked N3.144 billion on a total of 175 million shares transacted in 3,048 deals.

On the gainers’ chart, Total Plc led the pack with a gain of N25.35k to close at N276.15k per share, while Forte Oil appreciated by N6.68k to end at N71.94k per share. Also, Nigerian Breweries went up by N1.94k to finish at N145 per share, CAP Plc chalked up by N1 to end at N34 per share and Oando rose by 34k to close at N4.70k per share.

Conversely, Guinness led the losers’ table after depreciating by N8.67k to finish N80.33k per share, Nestle lost N5 to close at N815 per share, Lafarge fell by N1.80k to end at N40.90k per share, Mobil slumped by 82k to finish at N323.31k per share, while Flour Mill declined by 70k to close at N18.50k per share.

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Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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