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Investors gain N219bn as equity market rebounds — Daily Nigerian

The equity market rebounded on Friday with N219 billion gain, closing the week’s trading sessions on a positive note in spite of the nationwide protests.

The major drivers of the market’s positive performance included Zenith Bank, Access Corporation, Fidelity Bank, Transnational Corporation, United Capital, and Oando, among other stocks.

Specifically, the market capitalisation of listed equities, which opened at N55.278 trillion, increased by 0.40 per cent or N219 billion to close at N55.497 trillion.

The All-Share Index added 0.40 per cent or 386 points, closing at 97,745.73, compared to 97,359.76 posted on Thursday.

As a result, the Year-To-Date (YTD) returns advanced by 35.63 per cent.

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