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Bullish trend persists, investment up by N31bn

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By Providence Obuh

The upward trend recorded in key indices of the Nigerian Stock Exchange (NSE) continued Tuesday, as the value of listed equities, appreciated by N31.66 billion.

Specifically, the capitalisation surged by 0.40 per cent to close at N7.908 trillion from N7.876 trillion at which it opened.  Another key performance indices the All share index garnered 0.40 per cent or 99.15 bases points to close at 24, 764.65 points from 24,665.50 points.

IHS Plc recorded the highest percentage loss of 4.95 per cent on price, rising with a share price gain of N0.09 to close at N1.91 per share, May and Baker Nigeria Plc followed with a gain of N0.21 to close at N4.53 per share and Vono Products Plc garnered N0.06 to close at N1.36 per share.

On the contrary, African Petroleum Plc recorded the most percentage change on on the losers table dropping with a loss of N1.12 to close at N21.28 per share, Union Bank Nigeria Plc followed with a loss of N0.24 to close at N4.59 per share and Airline Services and Logistics Plc dipped by N0.08 to close at N1.55 per share.

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