Nigeria’s stock market rebounds as investors gain N178 billion

The domestic bourse, on Thursday, rebounded with N178 billion profit, following gains from Tier-one banks, as well as some large and medium capitalised stocks.

Investors’ renewed interest in Guaranty Trust Holding Company(GTCO), FBN Holdings, Access Corporation, Nestle, Transnational Corporation and Oando Plc, among other advanced equities drove the market up.

The market capitalisation, having opened at N55.576 trillion, added N178 billion or 0.32 per cent to close at N55.754 trillion.