An increase in the sale of Axa Mansard Insurance, Multiverse, and Julius Berger stocks drove the improved performance.
The total volume traded advanced by 20.93 per cent to close at N433.57 million, valued at N11.11 billion and traded in 7,016 deals.
The Nigerian capital market on Tuesday gained N510 billion, closing at N39.69 trillion from N36.21 trillion recorded on Monday.
President Tinubu, in his inaugural speech, said on Monday that he would ensure a unified exchange rate as part of measures to boost the Nigerian economy.
Mr El-Rufai’s directive to civil servants is a clear breach of the nation’s extant laws prohibiting public service workers from engaging in partisan politics.
The N36 billion loss from Tuesday’s N30.391 trillion equity capitalisation, represents a decline of 0.12 per cent.
The market breadth measured by market sentiment was flat, with 14 gainers relative to 14 losers.
The positive performance was driven by stocks of Zenith Bank, Airtel Africa and Wapco.
The downturn performance was mainly due to selloffs in MTNN stocks.
The weak performance was largely driven by profit-taking in Zenith Bank, Guaranty Trust Holding Company (GTCO) and Nigerian Breweries stocks.
