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Equity market records N294bn gain

Market participation also increased as the volume of traded units increased by 52.49 per cent to 559,608,966 units.

Bullish activity dominated the day’s trade with the exchange recording more gainers at 28 than losers at 14.

Among the notable losers in the equity market were Sovereign Trust Insurance which lost 9.52 per cent to close at N0.38, Universal Insurance Plc shed 8.33 per cent to close trading at N0.33 and The Initiate Plc lost per cent to close at N 1.71.

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