The Nigerian stock market sustained its positive trajectory on Tuesday as investors gained approximately ₦110 billion, extending the bullish sentiment that has defined trading in recent sessions.

The All-Share Index (ASI) of the Nigerian Exchange Limited (NGX) advanced by 0.86%, pushing market capitalization higher to about ₦91.92 trillion. This steady climb reflects renewed investor confidence driven by improving macroeconomic indicators and consistent policy reforms by the Central Bank of Nigeria (CBN).

Market performance was buoyed by significant price appreciation in heavyweights such as Seplat Energy Plc, MTN Nigeria Communications Plc, and Guaranty Trust Holding Company (GTCO). Analysts noted that increased demand for blue-chip stocks continues to underpin the upward trend, with trading activity indicating sustained market liquidity.

Over the past few sessions, investors have recorded cumulative gains exceeding ₦115 billion, while the broader market sentiment remains positive amid expectations of stronger corporate earnings in the final quarter of the year.

Market watchers believe the NGX could maintain this momentum if macroeconomic stability persists and foreign inflows improve.