{"id":1543,"date":"2026-10-11T01:13:05","date_gmt":"2026-10-11T01:13:05","guid":{"rendered":"https:\/\/primerisenews.com\/?p=1543"},"modified":"2026-10-11T01:13:05","modified_gmt":"2026-10-11T01:13:05","slug":"stock-market-rebounds-adds-n209bn","status":"publish","type":"post","link":"https:\/\/primerisenews.com\/?p=1543","title":{"rendered":"Stock market rebounds, adds N209bn"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>By Taiye Olayemi<\/p>\n<p>The Nigerian stock market rebounded on Friday after seven consecutive sessions of losses, adding N209 billion to investors\u2019 wealth as market capitalisation rose by 0.13 per cent.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Market capitalisation increased to N161.260 trillion from N161.051 trillion in the previous session, representing a gain of N209 billion.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Similarly, the All-Share Index rose by 321.05 points, or 0.13 per cent, to close at 248,363.55, compared with 248,042.50 recorded previously.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Consequently, the market\u2019s year-to-date return improved to 59.60 per cent, reflecting its overall performance since the beginning of the year.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>In spite of the recovery, market breadth remained negative, with 31 stocks recording losses against 22 gainers.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Red Star Express led the gainers, appreciating by 9.76 per cent to close at N13.40 per share.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Fidelity Bank followed with an 8.70 per cent gain, closing at N21, while Daar Communications rose by eight per cent to N1.38 per share.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>WAPIC gained 7.26 per cent to settle at N2.30, while Omatek appreciated by 6.94 per cent to close at N1.34 per share.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>On the losers\u2019 chart, Regency Alliance Insurance led with a 10 per cent decline, closing at 77 kobo per share.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Livestock Feeds followed, shedding 9.58 per cent to settle at N13.15, while Guinea Insurance fell by 9.41 per cent to close at 93 kobo per share.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>CAP declined by 8.50 per cent to N108.50, while UPDC lost 7.69 per cent to close at N4.20 per share.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Meanwhile, trading activity weakened, with total volume declining by 34.57 per cent to 322.04 million shares.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>The shares were exchanged in 37,810 deals, with a total value of N20.50 billion.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Zenith Bank dominated trading by volume and value, recording 31.69 million shares worth N4.30 billion.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>The bank\u2019s transactions accounted for 9.84 per cent of total trading volume and 20.96 per cent of the total value traded. (NAN)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian stock market rebounded on Friday after seven consecutive sessions of losses, adding N209 billion to investors\u2019 wealth as market capitalisation rose by 0.13 per cent.<\/p>\n","protected":false},"author":2,"featured_media":1018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[59],"tags":[846,844,845],"class_list":["post-1543","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-nse","tag-stock-market","tag-trading"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/primerisenews.com\/wp-content\/uploads\/2026\/09\/NGX-jpg-638x382-1.webp","_links":{"self":[{"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/primerisenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1543"}],"version-history":[{"count":1,"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1543\/revisions"}],"predecessor-version":[{"id":1544,"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1543\/revisions\/1544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/media\/1018"}],"wp:attachment":[{"href":"https:\/\/primerisenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primerisenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primerisenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}