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Investors gain N339b as Nigerian stock market’s valuation rises by 0.93%

The value of investments in the Nigerian stock market appreciated by N339 billion at the close of trading on Wednesday.

This represented a 0.93 growth in the market capitalization from N36.53 trillion to N36.87 trillion after five hours of trading today.

The All-Share Index dipped by 618.68 basis points to close at 67,378.88, down from 66,760.2 achieved by the bourse on Tuesday.

Investors traded 569.62 million shares valued at N8.69 billion in 8,404 deals on Wednesday.

This fell short of the 645.54 million shares worth N11.01 billion traded by shareholders in 10.554 deals the previous day.

Nascon topped the gainers’ list with a N4.70 kobo rise in share price to move from N47 to N51.70 kobo per share.

Dangote Sugar gained N5.20 kobo to close at N52, above its opening price of N57.20 kobo per share.

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