Market rises further by 0.52% as investors hunt for dividend

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Nigeria’s equities market rose further by 0.52 percent on Thursday as investors confidence in the market continues to increase.


The market has recorded over three consecutive weeks of rally, the latest driven by investors who are positioning to qualify for half year (H1) interim dividend proposed by most listed companies.


Stocks like Linkage Assurance, Prestige Assurance, Veritas Kapital, Sterling Financial Holdings Company and Lasaco were actively traded on Thursday as investors in 35,291 deals exchanged 1,983,021,144 shares worth N27.261 billion.

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