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Trading on the domestic stock market remained bullish with the market capitalisation gaining N28.73 billion to close at N26.908 trillion from N26.880 trillion posted on Wednesday.

Similarly, the All Share Index rose by 53.29 points or 0.11 per cent to close at 49,889.80 from 49, 836.51 achieved on Wednesday.

The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Consolidated Hallmark Insurance, Pharm-Deko and FCMB.

On performance of the market, analysts at Vetiva Dealing and Brokage said, “The month started off positive, despite the drawback seen in market sentiment.

“Barring any large volume transactions tomorrow, we anticipate a quiet close to the week.”

The post Stock market gains N29bn, indices up 0.11% appeared first on Nigerian Pilot News.

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