The Nigerian Exchange (NGX) continued its positive run on Tuesday, with investors gaining ₦469 billion as market capitalisation rose from ₦101.8 trillion to ₦102.28 trillion. The NGX All-Share Index climbed 732.86 points to close at 159,951.08.
Market breadth was strong, with 65 stocks advancing against 21 decliners. Top gainers included Meyer Plc, Jaiz Bank Plc, and ABC Transport, while Aluminium Extrusion Industries, Learn Africa, and Oando were among the laggards.
Trading saw 758.9 million shares worth ₦19.8 billion change hands, led by Linkage Assurance in volume and GTCO in value. Analysts say the rally reflects growing investor confidence and optimism about corporate earnings. Visit www.jocomms.com for more news.