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Monday, October 14, 2024

Dangote sugar, others drive intraday gain on NGX

Dangote Sugar Refinery, and some banking stocks are driving positive momentum on the Nigerian Exchange (NGX) trading platform during midday trading session.

At mid-day, the NGX All Share Index trended upward, displaying a gain of 0.04%, Alpha Morgan Capital Limited said.

Stockbrokers added that the upward trajectory is as a result of buying interest of investors on some mid- to high capitalized stocks.

DANGSUGAR surged by 3.23%, WEMABANK gained 1.91%, and GTCO rose by 0.82% while FBNH has seen 0.58% price appreciation.

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