Stock market rebounds, investors gain N653bn

The Nigerian equities market rebounded on Tuesday, with investors gaining N653 billion.   This was driven by renewed buying interest in large- and mid-cap stocks, including Airtel Africa, Prestige Assurance, Cutix, Regency Alliance Insurance and 15 other gainers.   The market capitalisation rose by N653 billion, or 0.45 per cent, to N147.217 trillion from N146.564 trillion recorded on Monday.   Similarly, the All-Share Index advanced by 1,017.26 points, or 0.45 per cent, to close at 229,419.18, compared with 228,401.92 at the previous session.   Consequently, the market’s Year-to-Date (YTD) return improved to 47.43 per cent.   However, the market breadth closed negatively with 32 losers a...