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NSE market indices rebound marginally by 0.02 per cent

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The market capitalisation grew by two billion or 0.02 per cent to close at N13.112 trillion against N13.110 trillion recorded on Monday.

The key market indices of the nation’s bourse on Tuesday rebounded marginally by 0.02 per cent, due to gains posted by 16 stocks.

The uptrend was impacted by gains recorded in large and medium capitalised stocks, amongst which are; Dangote Sugar, Flour Mills, United Bank for Africa , University Press and Guinness.Consequently, market breadth closed positive, with 16 gainers compared with 13 losers. United Capital increased by 3.23 per cent to close at N3.20, while Sterling Bank appreciated by 2.61 per cent to close at N1.18 per share.

Fidson dipped 5.25 per cent to close at N3.79, while Japaul Oil shed 4.76 per cent each to close at 20k per share.

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