Trading on the Nigerian stock market extended its bullish rally on Tuesday, leading to a N1.864 trillion gain for investors.
The positive performance was driven by sustained buying interest in large- and mid-cap stocks, including Zichis Agro Allied Industries, Cadbury, Nigerian Aviation Handling Company (NAHCO), Ikeja Hotel, and Daar Communications, among 49 others.
Market capitalisation rose by 1.24 per cent, or N1.864 trillion, to close at N152.135 trillion, up from N150.271 trillion at the previous close.
Similarly, the All-Share Index advanced by 2,905.05 points, or 1.24 per cent, to close at 237,083.28, compared with 234,178.23 recorded in the previous session.
Consequently, the year-to-date return increased to 52.35 per cent, while market breadth closed positive with 54 gainers against 17 losers.
