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NSE market ends in positive territory as ASI increases



NSE listing on Exchange will boost economy, Expert says 
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The Nigerian Stock Exchange (NSE) market ended in positive territory on Tuesday as the All-share index increased by 0.18% to close at 26,739.44 and the equity market capitalization closed at N12.90 trillion from N12.88 trillion recorded on Monday, gaining about N4 billion.

Ekocorp Plc tops the gainers’ chart as it gained 10% to close at N4.07 followed by Conoil Plc with 9.74% increase to close at N16.9 as Learn Africa Plc made the list with 9.43% gain to close at N1.16.

Neimeth International Pharmaceuticals Plc, which topped the chart yesterday, also gained 9.09% to close at N0.48 while Academy press Plc rounded off the list with 8.82% increase to close at N0.37.

ABC Transport Plc led the floppers as it dipped 8.89% to close at N0.41 followed by United capital Plc, having shed 5.22% to close at N2.18 as AIICO insurance Plc also lost 5.19% to close at N0.73.

Consolidated Hallmark Insurance Plc lost 5.13% to close at N0.37 while Livestock feed Plc declined by 3.85% to close at N0.5.

UACN Plc again topped the list as it traded in 117.7 million shares valued at N826.98 million across 153 deals followed by First bank holdings, which traded 47.8 million shares valued at N323.88 million across 438 deals.

Access bank plc traded in 40.3 million shares at N391.77 million across 454 deals as Zenith bank Plc traded in 21 million shares valued at N390.7 million across 435 deals while UBA completed the list with trades in 20.2 million shares at N144.50 million across 342 deals.

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