Bullish sentiment returned to the Nigerian stock market on Wednesday, following investors’ interest in MTN Nigeria.
NEM Insurance led the laggards’ chart by 8.57 per cent to close at N3.20 per share.
Market sentiment was positive with 21 gainers relative to 17 losers.
FBNHoldings drove the activity chart, exchanging 27.28 million shares worth N199.56 million, followed by GTCO with an account of 14.38 million shares valued at N404.04 million.
The downturn was buoyed by price depreciation in the banking and oil and gas sectors.
Overall, the market was positive with 29 stocks gainers relative to 16 losers.
A breakdown of the price movement chart indicates that 26 stocks recorded price appreciation in contrast to 15 laggards.
