The rebound came after a three-day bearish trend.
The Nigerian stock market rebounded on Thursday after two consecutive sessions of decline, with investors gaining N648 billion in market value.
The All-Share Index also increased by 0.09 per cent or 144.33 points to close at 166,256.83 points, against 166,112.50 points recorded on Monday.
The Nigerian equities market on Thursday sustained its upward trend as investors recorded a gain of N308 billion.
An evaluation of market activity revealed an increase in market volume and value, as well as a decline in transactions.
The All-Share Index (ASI) increased by 501.14 points or 0.46 per cent, closing at 108,762.61, compared to 108,261.47 in the previous session.
Market capitalisation rose by N377 billion or 0.58 per cent to close at N65.847 trillion, compared with N65.470 trillion posted on Wednesday.
Market capitalisation lost N7 billion or 0.02 per cent to close at N28.649 trillion as against N28.656 trillion posted at the previous trading.
The market capitalisation shed N62 billion to close at N25.775 trillion, compared with N25.837 trillion on Monday.
The upturn was impacted by gains in May and Baker, Access Holding, United Bank for Africa (UBA) and NGX Group.
