Sunday 4 August 2024

Investors gain ₦219bn as equity market rebounds despite nationwide protests


Similarly, market breadth closed positively with 36 gainers and 10 losers on the floor of the Exchange.

The equity market rebounded on Friday with a ₦219 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 ₦55.278 trillion, increased by 0.40 per cent or ₦219 billion to close at ₦55.497 trillion.


By News Agency of NG

Full story at Pulse NG.

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