The Nigerian Exchange (NGX), All Share Index (ASI) rose by 0.05 percent from its opening index of 49,475.43 points to close at 49,499.43 points. This nudged the average year-to-date return to 15.9 percent.

The market Cap value of all stocks rose from its opening value of N26.945 trillion to close at N26.961 trillion, representing an increase of N13 billion.

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With more gainers than losers, the positive overall market position was driven by widespread buy sentiments across the sectors, especially within mid and large-cap stocks such as Julius Berger Nigeria, Ardova Plc, Stanbic IBTC Holdings, and FBN Holdings (FBNH).

There were 17 gainers to 14 losers. Julius Berger Nigeria recorded the highest gain with 9.91 percent. Champion Breweries followed and made a gain of 9.30 percent.

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Ardova Plc rose by 9.20 percent. Thomas Wyatt Nigeria rallied 8.82 percent. Japaul Gold & Ventures appreciated by 7.69 percent.

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On the negative side, UPDC Real Estate Investment Trust led the losers’ chart by 6.45 percent. Lasaco Assurance followed with a decline of 5.56 percent.

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University Press depreciated by 5.26 percent. Coronation Insurance declined by 5.0 percent just as Jaiz Bank dropped 2.35 percent.

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