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Stock Watch:
Business > Capital Market
Nigerian Exchange index up 0.15%, as Julius Berger, Ikeja Hotel, FCMB gain
By Nkechi Naeche
May 22, 2012 17:24:48pm GMT
Nigerian Stock Exchange

WorldStage Newsonline-- Activities on the floor of the Nigerian Stock Exchange closed  on a bullish  note on Tuesday,  as 15 blue chip stock appreciated in price as against 23 stocks that depreciated.

With low volume of shares recorded a total of 329,408,248shares worth N3.72 billion exchanged hands in 3,947 deals.

While market capitalization rose to N7.125 trillion from N7.114 trillion on Monday, a growth  of N11 billion or 0.15 per cent,  the All-share index also rose  by 0.15 per cent to close at 22,342.13 4 as against 22,309.62 on Monday

Julius Berger Company of Nigeria plc c led the gainers’ table with a gain of N0.83kobo to close at N32.61 kobo per share, Ikeja Hotel gained N0.05 kobo to close at N1.11 kobo per share and FCMB Bank  gained N0.19 kobo to close at N4.49 kobo per share.

Oando led the losers' chart by shedding N0.83 kobo to close at N15.77 kobo per share, followed by NASCON  N0.28 kobo per share to close at N5.32 kobo per share and Uniion Bank Nigeria  Plc  N0.19 kobo per share to close at N3.70 kobo per share.

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