NSE: Market indicators rebound by 0.18 per cent

The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. REUTERS/Afolabi SotundeTrading activities rebounded on the Nigerian Stock Exchange on Tuesday due to price growth posted in some large and medium capitalised equities.

The uptrend was impacted by gains recorded in large and medium capitalised stocks, amongst which are; Conoil, MTN Nigeria, Forte Oil, Nigerian Breweries and Ekocorp. ConOil came second with a gain of 9.74 per cent to close at N16.90, while Learn Africa inched 9.43 per cent to close at N1.16 per share.

United Capital followed with a decline of 5.22 per cent to close at N2.18, while Aiico Insurance dropped 5.19 per cent to close at 73k per share. This was in contrast with 307.96 million shares valued at N2.54 billion transacted in 4,609 deals on Monday.

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