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Article: Nigeria: Spring Bank excites investors, drives NSE turnover by 57%.
- Article from:
- TendersInfo
- Article date:
- August 22, 2008
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Byline: sander03
Shares of Spring Bank Plc emerged the most patronised by investors on Tuesday on the Nigerian Stock Exchange (NSE) as it dominated trading activity, accounting for 56.5 per cent of the market turnover.
SEC DGSpecifically, a turnover of 1.24 million shares valued at N9.56 billion was recorded in 11,800 deals, rising by 51.21 per cent from the previous day s turnover of 823.78 million shares valued at N4.44 billion in 10,587 deals.
Spring Bank recorded a turnover of 681.23 million shares valued at N3.81 billion in 74 deals. The renewed interest in the shares of the bank may be as a result of investors decision to take position in ...