Nigerian Stock Exchange: Transcorp, Diamond Bank, 3 others top 40 stocks

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The Nigerian Stock Exchange, NSE on Wednesday recorded forty gainers against 19 losers, with Cement Company of Northern Nigeria, CCNN Plc, Diamond Bank Plc, Sterling Bank Plc, Transnational Corporation of Nigeria, Transcorp Plc, and Fidelity Bank Plc leading the top five gainers in percentage term. Specifically, CCNN appreciated by 10.17 percent or N1.49 per share to close at N16.14 per share, followed by Diamond Bank rising by 10.10 percent or 29 kobo per share to close at N3.16 per share. Sterling Bank went up by 10 percent or 22 kobo per share to close at N2.42 per share, followed by Transcorp advancing by 9.91 percent or 23 kobo to close at N2.55 per share and Fidelity Bank Plc inching up by 9.75 percent or 35 kobo per share to close at N3.94 per share. Conversely, NASCON led the losers chart dropping by 4.98 percent or N1.10 per share to close at N21.00 per share. Cadbury Nigeria trailed behind as it declined by 4.97 percent or 80 kobo per share to close at N15.31 per share. UPL occupied the third position on the losers chart, dropping by 4.94 percent or 13 kobo per share to close at N2.50 per share, followed b y Air Service which nosedived by 4.87 percent or 29 kobo per share to close at N5.66 per share and AG Leventis dropped by 4.17 percent or 3 kobo per share to close at 69 kobo per share.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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