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Unilever, Caverton lead as investors gain N35bn

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The Nigerian Stock Exchange, NSE, today continued its uptrend for a second day in a row following gains in 26 equities, which resulted in rise in the market capitalisation by N35 billion.

NSE moves 403.14m shares worth N9.14bn

Specifically, the equities capitalisation rose to N15.67 trillion from N15.63 trillion, representing 0.2 percent increase.

Unilever Nigeria Plc topped the gainers, rising by 10.17 percent to close at N59.60 from N54.10, followed by Caverton Offshore Group Plc with 9.88 percent increase to close at N2.67 from N2.43 per share.

Japaul Oil and Maritime Services Plc placed third, appreciating by 8.70 percent to close at N0.75 from N0.57; AG Leventis Plc went up by 7.02 percent to close at N0.61 from N0.57, while Hallmark Insurance Plc advanced by 6.45 percent to close at N0.33 from N0.31 per share.

Conversely, 29 losers emerged at the close of the day’s trading led by Royal Exchange Plc, which depreciated by 9.09 percent to close at N0.40 from N0.44. Multiverse Mining and Exploration Plc trailed behind with 7.41 percent decline to close at N0.25 from N0.27.

Wema Bank Plc declined by five percent to close at N0.95 from N1.00; Unic Diversified Holdings Plc fell by 4.76 percent to close at N0.20 from N0.21, while Vitafoam Nigeria Plc closed the list of the top five losers chart, depreciating by 4.68 percent to close at N2.85 from N2.99 per share.

The post Unilever, Caverton lead as investors gain N35bn appeared first on Vanguard News.

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