Equities market rebounds amid insurance rally; investors gain N50bn

Equities market rebounds amid insurance rally; investors gain N50bn

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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