The equities market of the Nigerian Stock Exchange (NSE) has seen a rebound on the back of buying interest in Seplat (+10 per cent), WAPCO (+5.1%), and Guaranty (+1.5%).
Market capitalization also inched higher by ₦69.8 billion to settle at ₦21.2 trillion.
- Okonjo-Iweala: I was surprised Trump blocked my WTO Job
- Northern Govs Visit Makinde Over Shasa Crisis
The benchmark index rose by 33 basis points (bps) to 40,573.31 points while the year to date return increased to 0.8%.
Activity level waned as volume and value traded declined 47.9% and 58.3% respectively to 206.2m units and ₦2.2bn.
Performance across sectors was positive as all indices under review gained except the AFR-ICT index which closed lower by 0.6% on account of sell-offs in MTNN (-1.1%).
Investor sentiment as measured by market breadth weakened to 2.3x from the 3.4x recorded previously as 30 stocks gained against 13 losers.
Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.
