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 (NGX: JBERGER), Learn Africa Plc (NGX: LEARNAFRCA), and Cornerstone Insurance Plc (NGX: CORNERST), while Deap Capital Management Trust Plc, Eterna Plc (NGX: ETERNA), 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.