The equities market which had lost N166 billion in market value on Tuesday, witnessed a rebound as investors with the NGX All-Share Index appreciating by 938.53 points, representing a 0.9% increase to close at 108, 609.51 basis points on Wednesday higher than the previous day’s 107,670.98 basis points.

The total market capitalisation stood at N67.684 trillion, representing a 0.9% gain as the session ended with N504 billion profit for investors.

This came a day after the National Bureau of Statistics announced a drop in Nigeria’s headline inflation to 24.48% in January 2025 from 34.80% recorded in December last year.

The midweek session ended with a total of 343,718,718 units of shares that exchanged hands in 12,970 deals.On price movement and gain, total of 25 equities made it to the gainer’s list with 28 decliner’s chart.

BUA FOOD led the chart with a 9.91% increase on its share price, to close at N410.50k. RTBRISCOE followed by recording a 6.91% profit on its share price to close at N2.26k.

ETERNA gained 6.25% on its share price to close at N52.50k then; Sunu Assurances Nigeria followed with a 6.13% profit on it share price to close at N6.52k.

On the other hand, INTENEGINS and UPL led the decliners table with a 9.80% drop on their respective share prices to close at N2.21k and N4.60%k.

Union Dicon Salt followed with a 9.52% loss on its share price to close at N6.65k while McNichols recorded a 8.57% drop on its share price to close at N1.60k.