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Stock investors gained N420bn in April – Reports

Stock investors gained N420bn in April – Reports
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Dangote Cement, six others halt stocks' losing streak – Punch Newspapers

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’Femi Asu
The nation’s stock market halted its eight-day losing streak on Thursday on the back of the price appreciation recorded by Dangote Cement Plc and six other stocks.
The market, which had declined for eighth straight trading sessions amid negative sentiment, rebounded on Thursday despite the losses recorded by 46 stocks.
The All-Share Index of the Nigerian Stock Exchange rose by 0.78 per cent to 41,014.30 basis points while the market capitalisation increased by N170bn to N21.29tn.
The top five gainers at the end of trading on the floor of the NSE were Dangote Cement, Mutual Benefits Assurance Plc, Sovereign Trust Insurance Plc, Vitafoam Nigeria Plc and Unilever Nigeria Plc. ....

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Investors lose N426bn as 37 stocks post decline

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’Femi Asu
Investors in the nation’s stock market lost N426bn on Wednesday as 37 firms recorded price decline.
The market extended its losing streak to the eighth straight trading session amid negative sentiment.
The All-Share Index of the Nigerian Stock Exchange fell by 1.96 per cent to 40,696.01 basis points while the market capitalisation dropped by N426bn to N21.29tn.
The top five losers at the end of trading on the floor of the NSE were CAP Plc, Sunu Assurances Nigeria Plc, eTranzact International Plc, Fidson Healthcare Plc and Regency Alliance Insurance Plc.
CAP, Sunu Assurances Nigeria, eTranzact International, Fidson Healthcare and Regency Alliance Insurance saw their share prices drop by 10 per cent each to close at N18, N0.81, N2.25, N5.40 and N0.27 respectively. ....

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