Market capitalisation rose by N677 billion, or 0.92 per cent, to close at N74.358 trillion, compared to N73.681 trillion recorded on Wednesday.
Ikeja Hotel topped the losers, shedding 10 per cent, dropping N1.40 to close at N12.60. Learn Africa also fell by 10 per cent, losing 43k to settle at N3.87.
Specifically, the market capitalisation, which opened at N56.572 trillion, closed at N114 billion or 0.2 per cent downward, to close at N56.458 trillion.
The gain represents 1.63 per cent, closing at 41.583 trillion, compared to N40.917 trillion recorded on Friday.
An increase in the sale of Axa Mansard Insurance, Multiverse, and Julius Berger stocks drove the improved performance.
The upturn was impacted by investors’ interest in stocks of Zenith Bank, WAPIC and Stanbic Bank, mong others.
The primary drivers of the market’s performance were Zenith Bank, First Bank of Nigeria Holdings (FBNH) and Geregu Power.
The upturn was impacted by gains recorded in stocks such as FBN Holdings, Jaiz Bank, Guinness and NGX Group.
Specifically, the market capitalisation lost N33 billion, to close at N28.644 trillion compared with N28.677 trillion on Wednesday.
The All-Share Index (ASI) gained 0.34 per cent to close at 47.367.31 points from 47.205.03 points posted on Tuesday.
