The Nigerian stock market continued its upward trajectory, with a gain of N754 billion on Tuesday.
Market capitalisation rose by N754 billion or 1.02 per cent, closing at N75.576 trillion when compared to N74.812 trillion recorded on Monday.
Similarly, the All-Share Index (ASI) climbed by 1,211.17 points or 1.02 per cent to reach 119,790.82 as against 118,579.65 recorded on Monday.
The upward trend was driven by strong buying interest in medium and large-capitalised stocks, like: Beta Glass, Dangote Sugar, Okomu Oil and 58 others.
Also, the market breadth closed positive with 61 gainers and 23 losers.
Beta Glass led the gainers’ Chart by 10 per cent, ending the session at N333.95 while Dangote Sugar also increased by 10 per cent, closing at N44.00 per share.
Okomu Oil soared by 10 per cent, settling at N748.00 and UPDC Real Estate Investment Trust climbed by 10 per cent, finishing at N3.30 per share.
Also, Champion Breweries grew by 9.98 per cent, closing at N9.92 per share.
On the losers’ chart, DAAR Communications fell by 7.81 per cent, settling at 59k while Prestige Assurance shed by 5.56 per cent, closing at N1.02 per share.
Industrial Medical Gases dropped by 4.30 per cent, finishing at N33.40 and NPF Micro Finance Bank declined by 4.25 per cent ending the session at N2.03 per share.
Similarly, Aradel Holdings dipped by 4.06 per cent, closing at N515.00 per share.
A total of 868.68 million shares worth N23.71 billion shares were traded across 22,207 transactions.
This is in contrast with 653.66 million shares worth N21.33 billion that was exchanged across 22,206 transactions earlier.
Transactions in the shares of Livingtrust Mortgage Bank topped the activity chart with 112.27 million shares worth N415.68 million.
Royal Exchange followed with 103.58 million shares valued at N113.79 million while Fidelity Bank transacted 83.93 million shares worth N1.63 billion.
Access Corporation sold 55.60 million shares valued at N1.26 billion and Zenith Bank traded 34.21 million shares worth 1.77 billion.