Nigerian Equities Market Rebounds, ASI Gains 0.29% on Renewed Investor Interest
The Nigerian equities market continued its rebound on October 31, with the All-Share Index (ASI) gaining 0.29% to close at 154,126.46 points. Market capitalization rose to N9.82 trillion, reflecting a positive investor sentiment.
Top gainers included Julius Berger Nigeria Plc, Learn Africa Plc, and Cornerstone Insurance Plc, while Deap Capital Management Trust Plc, Eterna Plc, and others were among the top losers. The market saw cautious optimism as investors rotated positions in various sectors, anticipating new earnings disclosures in November.
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