At the end of Tuesday’s trading session, the Nigerian stock market index advanced by 0.43 per cent to close at 39,015.58 points.
The market capitalisation also inched up by 0.43 per cent to N20.42tn, as investors gained N87.73bn.
Amid the sustained bullish activity, 24 stocks advanced, 10 declined, while the year-to-date loss of the All-Share Index fell to -3.11 per cent.
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Buying interest in blue chip stocks such as MTN Nigeria, Zenith Bank and Guaranty Trust Bank increased their share prices by 1.04 per cent, 2.77 per cent and 1.69 per cent respectively.
Sectoral performance indicated that three out of the five indices tracked closed in the green territory.
The banking, insurance and consumer goods indices rose by 1.80 per cent, 1.10 per cent and 0.40 per cent respectively, the oil and gas index dropped by 0.03 per cent, while the industrial index closed flat.
Tuesday’s trading activity saw total deals, volume and value of stocks traded fell.
At the close of the day’s trading, the total volume of stocks dropped by 33.34 per cent to 339.01 million units, valued at N2.70bn in 4,203 deals.
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