NSE Index Rebounds By 0.55% on Reversed Bear Run

Transactions on the floor of the Nigerian Stock Exchange, NSE, saw a major rebound on Wednesday, August 10, leaping by 0.55 per cent following gains by some blue chip stocks.

The NSE All-Share Index added 149.69 points to close at 27,421.83 points, against a decline of 122.84 points lost in Tuesday’s session to close at 27,272.14 basis points.

 

 

The value of shares traded was upbeat as investors staked N3.39 billion on 391.37 million shares transacted in 3,103 deals. This performance was against the 419.79 million shares valued at N2.16 billion traded in 3,443 deals on Tuesday.

Wapic Insurance was the toast of investors, exchanging 89.32 million shares worth N44.95 million. Guaranty Trust Bank followed with account of 83.43 million shares valued at N2 billion and FBN Holdings sold 62.86 million shares worth N207.61 million.

United Bank for Africa traded 32.38 million shares valued at N148.25 million and Access Bank exchanged 30.43 million shares worth N170.40 million. (NAN)