Also, the All-Share Index (ASI) was up by 675.72 points to close with 50,626.04 points compared to 49,950.32 points recorded the previous day.
Market capitalisation shed N136.88 billion to close at N27.06 trillion from N27.20 trillion recorded on Tuesday.
The uptrend was impacted by gains recorded in large capitalised stocks, amongst which are; Seplat, Guaranty Trust Holding Company (GTCO), UCAP, among others.
The market capitalisation fell by N90 billion to N27.713 trillion from N27.803 trillion at the last trading.
The total volume traded decreased to N1.44 billion from N2.57 billion on Tuesday and exchanged in 3,745 deals.
The gain was driven by price appreciation in stocks of AccessCorp, PZ, WAPCO, among others.
Overall, the market was positive with 19 gainers relative to 18 losers.
The market breadth was positive as 17 stocks declined relative to 14 gainers.
Market breadth closed positive as 17 stocks appreciated while 16 declined.
The decline of 1.97 per cent was as a result of losses in large stocks such as Dangote Cement, WAPCO, GTCO and Oando.
