The Nigerian stock market bounced back, as it recovered from previous losses with a 0.02 per cent gain.
Specifically, the Nigeria Exchange Ltd. market capitalisation rose by 11 billion Naira, or 0.02 percent, to 67.179 trillion Naira from 67.168 trillion Naira.
The All-Share Index increased by 0.02 percent, or 17 points, to close at 107,798.99, up from Tuesday’s 107,781.79.
As a result, the Year-To-Date return stood at 4.73 percent, as on the gainers chart, UH Real Estate Investment Trust led with a 9.94 percent increase, closing at N44.25 per share.
Africa Prudential followed, rising by 9.90 per cent to N33.30 per share, as Caverton Offshore Support Group and Lasaco Assurance also saw gains of 9.87 per cent and 6.92 per cent, closing at N2.45 and N3.09 per share, respectively.
Investors traded 245,516,922 shares valued at 8.414 billion Naira in 10,098 deals, compared to 363,516,922 shares worth 10.118 billion Naira in 13,753 deals previously.
In terms of volume, Access Holdings led with 36.55 million shares, followed by Zenith Bank with 26.79 million shares and Sterling Financial Holdings with 11.25 million shares.
Jaiz Bank and AIICO also followed in trading volume.
