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Investors pocket N7.33bn as Nigeria’s stock market rebounds from bearish trading

Nigerian capital market shareholders went home with N7.33 billion following the rise in equity capitalization by 0.02 percent on Thursday, IgbereTV reports

The development pushed up the equity capitalization from N27.92 trillion posted on Wednesday to N27.93 trillion today.

Similarly, the All-Share Index was up by 15.11 basis points to close at 51,817.59 compared to 51,802.48 achieved the previous day.

Investors traded 223.11 million shares valued at N3.87 billion in 4,213 deals.

This, however, fell short of the 416.46 million shares worth N2.60 billion traded by investors in 5,050 deals on Wednesday.

UPL led the gainers with N0.23kobo to rise from N2.35kobo to N2.58kobo per share.

McNichols gained N0.18kobo to move from N1.85kobo to N2.03 per share.

Cornerstone’s share value was up by 9.09 percent to end trading with N0.72kobo from N0.66kobo per share.

Consolidated Hallmark Insurance gained 8.96 percent to close at N0.73kobo from N0.67kobo per share

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