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Page 18 - மாவு ஆலை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

NGX extends bullish run with N88bn growth

Specifically, the market capitalisation, which opened at N20.330 trillion, inched higher by N88 billion to close at N20.418 trillion. Similarly, the All-Share Index rose by 167.56 points or 0.43 per cent to close at 39,015.58 from 38,848.02 posted on Monday. Accordingly, the month-to-date and year-to-date losses moderated to 0.1 per cent and 3.1 per cent, respectively. The market gain was driven by price appreciation in large and medium capitalised stocks including MTN Nigeria Communications (MTNN), Zenith Bank, Guaranty Trust Bank, PZ Cussons and Ardova Plc. Commenting on the performance, analysts at Afrinvest Ltd. maintained their bearish outlook in the equities market in spite of the two-day rally.

Third victim has died after fatal Sudbury fire

  SUDBURY A 33-year-old woman has died in hospital following a major fire that killed two others at a Sudbury housing unit, Sudbury police said Monday morning in a news release. Her name is not being released at the request of the family. Firefighters were called to a residential complex at 744 Bruce Ave. in the Flour Mill at 4:45 a.m. April 11 after a neighbour saw smoke and flames. Approximately 15 people were evacuated from the section of townhouses, but a 50-year-old man and a 26-year-old woman were killed as a result of the blaze. The 33-year-old had been carried out of the building by firefighters and was taken to the Sudbury hospital before being airlifted to Sunnybrook Health Sciences Centre in Toronto, where she died five days later of her injuries.

NGX opens week upbeat with 0 10% growth

Specifically, the All-Share Index improved by 40.01 points or 0.10 per cent to close at 38,848.02 points from 38,808.01 posted on Friday. Also, the market capitalisation which opened at N20.310 trillion grew by N20 billion or 0.10 per cent to close at N20.330 trillion. The uptrend was also driven by price appreciation in medium and large capitalised stocks amongst which are UACN, Northern Nigeria Flour Mills, Guaranty Trust Bank, MTN Nigeria Communications (MTNN) and FCMB Group. Market was positive with 18 stocks gaining in contrast with 12 losers. FCMB Group dominated the gainers chart in percentage terms with 9.77 per cent to close at N2.92 per share. NNFM and University Press followed with a gain 9.35 per cent each to close at N5.85 and N1.17 per share, respectively.

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