Equities Rebound, Gain N780bn

The Nigerian equities market rebounded on Thursday as renewed buying interest lifted investor sentiment across the bourse.
The All-Share Index (ASI) gained 1,200.24 points, rising by 0.47 per cent to close at 254,083.02, strengthening further above the 250,000-point level.
The recovery reflects renewed buying interest following the previous session’s decline.
Consequently, equity market capitalisation increased by N780 billion to close at N164.97 trillion.
The total volume traded advanced by 61.9 per cent to 654.28 million units, valued at N57.36 billion, and exchanged in 35,821 deals.
As measured by market breadth, market sentiment was neutral, as 27 tickers gained relative to ...