The Nigerian Equities market rebounded at the close of business on Tuesday as the All-Share Index inched up by 0.7%.
The market which resumed negative on Monday reversed with investor’s gain of N180 billion on market capitalisation to close the Tuesday’s trading at N27, 544 trillion higher than the N27, 363 trillion of the previous day.
The All-Share index of listed equities appreciated by 0.7 percent to close at 51,091.75 being 335.01 points compared to Monday’s 50,756.74 points.
The day’s trading session ended with lower volume of shares at 166.969 million units in 4,398 deals when compared to a total of 345.004 million shares that were traded in 5,075 deals the previous day.
The market sentiment also closed negative as the market recorded 22 losers as against 14 gainers.
Livestock Feeds Plc led the gainers table with 10.00 percent gain on its share price to close at N1.32k followed by MRS which gained 9.80 percent to close at N16.25k while Dangote Cement gained 8.30 percent on its share prices to close at N270.00.
On the flipside, LearnAfrica and BUA Foods lost 10.00 percent on its share prices to close at N2.25k and N49.50k respectively, then Japaul Gold lost 9.68 percent on its price to close N0.28k.
Mercy Chukwdiebere
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