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  • Most investors smiled from the Nigerian equities market last
    week as their investments recovered from the losses recorded
    the previous week. The market had slipped back into the bears’ territory on weak investors’
    sentiments.
    However, amid the volatility, the market gained N165.8billion in capitalisation to close at N12.234 trillion, while the Nigerian Stock Exchange All-Share Index appreciated by
    1.28 per cent to close higher at 35,488.81. Similarly, all other Indices finished higher during the week with the exception of NSE Consumer Goods and NSE Oil/Gas indices that depreciated, while the NSE ASeM Index closed flat.



    theguardian.comThe NSE Industrial led with 2.94 per cent followed by the NSE Banking Index with 2.39 per cent, just as the NSE Insurance Index
    appreciated 1.4 per cent. Conversely, the NSE Oil FBN Holdings Plc (3.3 per cent); NAHCO Plc(3.2 per cent);Nigerian Breweries Plc (2.8 per cent) and
    Lafarge Africa Plc (1.9 per cent).


    On the positive side, Newrest ASL Nigeria Plc led the price gainers with 4.9 per cent,
    trailed by Cadbury
    Nigeria
    Plc with 4.6 per cent with 4.6 per cent.
    C Cadbury Nigeria Plc (4.6 per cent); Forte Oil Plc (4.1 per cent0 and African Prudential Plc (4.0 per cent).



    Conversely, Nigerian Enamelware Plc led the price losers with 16.6 per
    cent followed by Caverton that shed 9.1 per
    cent. Neimeth International Pharmaceuticals
    Plc went down by 8.5 per cent.

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