Banking stocks drive NGX first gain this week

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Nigeria’s equities market on Tuesday rose by 0.15 percent or N101billion, thereby recording its first positive close this week. Banking and oil & gas stocks help to redirect the Nigerian stock market northwards.


NGX Banking Index rose by 1.89 percent, while NGX Oil & Gas Index increased by 0.04 percent. Other key sectoral indices closed in red, the highest being NGX Insurance Index which was down by 4.07 percent.


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