Nigeria’s stock exchange records N100bn gain

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A bullish trend was recorded at the Nigeria Stock Exchange market as it posted a profit of N100 billion at the end of the trading session.

The All-Share Index increased by +0.74% to close at 39,170.95 from 38,881.70.

Nigeria’s Stock Exchange market value currently stands at N20.27 trillion from N20.17 trillion the previous day. Its Year-to-Date (YTD) returns currently stands at -2.73%.

The market breadth closed positive today as CUTIX led 20 Gainers, and 8 Losers topped by FCMB at the end of today’s session showing a definite bullish momentum.

Compared with the previous NGX trading day, today’s data shows a 4% improvement in volume, 6% improvement in turnover, but 8% decline in deals.

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Francis Ogwo
The young and goal driven writer and cinematographer started his journalism as a print journalist in Kaduna in 2005 writing for Kaduna Chronicles Newspapers, Liberator Newspapers where he became the South Bureau Chief. In 2008, he moved into TV production with an employment into Siverbird Television and Rhythm Fm as a Correspondent. He got certified by Independent Television Producers Association of Nigeria(ITPAN) in 2009. After five years of hardwork and training, he was employed as Associate Producer, Moments With Mo and subsequently Producer, Playground on HipTV. Francis currently majors in documentaries and high profile scripts for news and movies. He is currently a Senior Contents Producer at News Central TV

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