The market capitalisation shed N62 billion to close at N25.775 trillion, compared with N25.837 trillion on Monday.
The upturn was impacted by gains in May and Baker, Access Holding, United Bank for Africa (UBA) and NGX Group.
The upturn was impacted by gains recorded in stocks such as FBN Holdings, Jaiz Bank, Guinness and NGX Group.
The loss was driven by price depreciation in FBN Holdings, Access Holdings and WAPCO.
The All-Share Index advanced by 80.03 points or 0.16 per cent to close at 49,709.46 against 47,629.43 achieved on Tuesday.
Market capitalisation shed N136.88 billion to close at N27.06 trillion from N27.20 trillion recorded on Tuesday.
The market capitalisation of listed equities decreased by N28 billion or 0.10 per cent to N27.685 trillion from N27,713 trillion recorded on Wednesday.
The market capitalisation fell by N90 billion to N27.713 trillion from N27.803 trillion at the last trading.
The decline of 1.97 per cent was as a result of losses in large stocks such as Dangote Cement, WAPCO, GTCO and Oando.
Stocks that pushed the equities market lower included MTN Nigeria, Guaranty Trust Holding Company(GTCo), Zenith Bank, among others.
