FBNH leads bank stock rebound, capitalisation breaks N1tr ceiling

•FUGAZ shares rise by 136% in one year On the account of bullish bank stocks, the market extended its positive sentiment as gains in 34 equities lifted the market capitalisation by N306 billionThe upturn was driven by price appreciation in large and medium capitalised stocks.On the other side, AXA Mansard Insurance led others on the losers’ chart with 9.69 per cent to close at N4.10 kobo. Guinea Insurance followed with a decline of 9.68 per cent to close at 28 kobo, while Oando shed 9.13 per cent to close at N10.45 kobo.