Banking stocks rebound as equities appreciate marginally

Stanley Opara
The Nigerian equities market closed on a positive note on Wednesday, albeit marginally, as banking stocks recorded a quick rebound.
Stocks, thus, extended gains from the previous session as the All-Share Index rose by 0.02 per cent to close at 42,158.32 basis points from 42,148.40 basis points.
A total of 570.259 million shares worth N5.326bn exchanged hands in 5,794 deals.
The year-to-date return maintained a flat close at 10.2 per cent as investors gained N3.6bn with equities mar