Activities at the Nigerian Stock Exchange (NSE) on Thursday closed on a positive trend after over two weeks of persistent price depreciation, with the market indices improving by 0.31 per cent.

The News Agency of Nigeria (NAN) reports that the All-Share Index rose by 97.48 points or 0.31 per cent to close at 31,047.99 compared with 30,950.51 achieved on Wednesday.

Also, the market capitalisation which opened at N10.576 trillion increased by N51 billion to close at N10.627 trillion.

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Guinness recorded the highest price to lead the gainers’ chart, appreciating by N2 to close at N142 per share.

ETI trailed with a gain of N1.66 to close at N22, while Total garnered N1.30 to close at N160.90 per share.

Oando gained 50k to N12.60, while GTB appreciated by 44k to close at N26 per share.

Conversely, Forte Oil topped the laggards’ chart, depreciating by N8.77 to close at N188.10 per share.

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Mobil Oil lost N4.35 to close at N154.35, while Unilever dipped N1.99 to close at N37.91 per share.

Cement Company of Nigeria dipped N1.08 to close at N10.42, while UAC Property chalked up 40k to close at N9.80.

Fidelity Bank was the toast of investors when measured in volume terms, accounting for 23.25 million valued N36.16 million.

GTB trailed with a total of 20.53 million shares worth N525.23 million, while Mansard Insurance sold 20.30 million shares valued N55.83 million.

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FBN Holdings accounted for 16.950 million shares worth N128.69 million, while Transcorp sold 13.69 million valued N29.02 million.

NAN reports that a total of 222.22 million shares valued N2.84 billion were exchanged by investors in 3,696 deals.

This was against the 423.15 million shares worth N423.15 million achieved in 3,961 deals on Wednesday.

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