rebounded on Thursday after three consecutive days loss following Nestle and Seplat price rallies.
The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Nestle Nigeria, Seplat, Total, Access Bank and Eterna. Continental Reinsurance followed with a gain 9.88 per cent to close at N1.89, while Cornerstone Insurance and NEM Insurance appreciated by 9.52 per cent each, to close at 46k and N2.30 per share, respectively.
In spite of the growth in market indices, the volume of shares closed lower as investors bought and sold 183.47 million shares worth N2.93 billion traded in 2,576 deals.This was in contrast with an exchange of 462.31 million shares valued at N7.92 billion achieved in 2,895 deals on Wednesday.
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