Equities market rebounds amid insurance rally; investors gain N50bn The Nigerian equities market closed Wednesday’s trading session on a positive note amid renewed interest in insurance stocks. The benchmark All Share Index (ASI) advanced by 233 index points to close at 41,147.72 basis points with market capitalization gaining N50 billion to settle at N21.525 trillion, while the Year-to Date (YtD) performance improves to +2.18 per cent. The breakdown across different sectors indicates bullish performance with insurance index standing a top of the gainers’ chart. The insurance and oil &…
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