Stocks rally by 0.08% as investors hunt for dividend

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Nigeria’s equities market rose further on Wednesday by 0.08 percent, recording its third consecutive day of positive close this week.


Though on a mild note, the market closed in green after record profit-taking in early trading on the Nigerian Bourse.


Investors positioning in Academy Press ahead of proposed dividend and bonus share pushed the price higher from day-open low of N7 to N7.70, adding 70 kobo or 10 percent.

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