The Nigerian equities market extended its positive momentum for the second consecutive session on Tuesday, as renewed buying interest continued to drive capital appreciation across the bourse.
The benchmark All-Share Index gained 2,524.00 points, representing a growth of 1.06 per cent to close at 240,743.19 points.
Similarly, the total market capitalisation of listed equities rose by N1.64tn to settle at N154.48tn.
The market’s upturn was primarily driven by gains recorded in medium and large-capitalised stocks, including Airtel Africa, Guaranty Trust Holding Company, Transnational Corporations, Lafarge Africa, and Zichis Agro Allied Industries.
Investor sentiment remained strongly positive as market breadth closed with 33 advancing stocks outperforming 23 declining counters.
