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Kaduna seeks partnership with pharmaceutical firms to improve health products supply

Kaduna seeks partnership with pharmaceutical firms to improve health products supply
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NGX: Equities investors earn N65bn as market halts bearish trend

Local stock market opens week bearish despite robust activities

Equities trading at the Nigerian Exchange Limited (NGX) goes southward to close the first trading session of the week on a negative note.

Local stock market reverses losses with +1 8 per cent

Local stock market reverses losses with +1.8 per cent Local stock market reverses losses with +1.8 per cent Share Equities trading at the Nigerian Exchange Limited, on Thursday, closed higher by 1.8 per cent to reverse the previous day loss. The positive sentiments were influenced by a late interest in bellwethers, Dangote Cement and MTN Nigeria despite the market trading negative for most of the day. However, precisely, the benchmark index inched higher by 1.8 per cent to close at 39,461.61 basis points. Consequently, the Month-to-Date gain increased to +1.1 per cent, while Year-to-Date loss moderated to -2.0 per cent. As measured by market breadth, market sentiment was positive as 22 tickers gained, relative to 17 losers.

Equities market relapses after two-day gains, lose N65 8bn

Equities market relapses after two-day gains, lose N65.8bn Equities market relapses after two-day gains, lose N65.8bn Share The local equities market reverses the previous day’s gain as investors took profits off Nigerian Breweries, Access Bank and Zenith Bank stocks. Consequently, the All-Share Index (ASI) of the Nigerian Stock Exchange declined by 0.3 per cent to 40,095.49 basis points, with the Month-to-Date and Year-to-Date losses increasing to -5.5 per cent and -0.4 per cent, respectively. Investors lost N65.8 billion as the market’s worth closed at N20.98 trillion as against an opening mark of N21.04 trillion. As measured by market breadth, market sentiment also closed negative, as 23 tickers declined, relative to 14 gainers.

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