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NSE Index Gains 0.31% As Skye Bank Tops Unity, FCMB On Losers Chart

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A security officer checks a man outside the Nigerian Stock Exchange in Lagos April 8, 2014. Akintunde Akinleye

It is cheering news for investors as trading on the Nigerian Stock Exchange on Thursday closed on a positive note as the All Share Index rose by 0.31 per cent to close at 27,266.18 points from 27,180.76 on Wednesday while market capitalisation also rose from N9.348 trillion to N9.377 trillion.

Skye Bank topped 30 stocks on the losers’ chart with N0.12 loss or 8.82 per cent to close at N1.24 followed by Unity Bank that lost 0.09 or 8.82 per cent to close at N0.93 per share, and FCMB that lost N0.08 or 5 per cent to close at N1.52 per share.

Meanwhile, Etranzact led the gainer table of six stocks with the highest gain of N0.15 gain or 4.93 per cent to N3.19 followed by Okomu Oil with a gain of N1.52 or 4.83 per cent to close at N33 followed by Dangote Cement that gained N6.55 or 4.27 per cent to close at N159.98 per share.

All together, a total of 166,390,459 shares worth N1.658 billion exchanged hands in 2,917 deals.

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