The market breadth also closed positive with 42 gainers.
A total of 439.9 million shares valued at N24.9 billion were exchanged in 40,245 transactions.
Bearish sentiments persisted on the Nigerian Exchange on Tuesday, causing investors to lose about N91 billion in market value.
In spite of the decline, market breadth closed positive with 32 gainers compared to 21 losers.
Market capitalisation rose by N224 billion, or 0.32 per cent, to close at N71.118 trillion, compared to N70.894 trillion recorded on Tuesday.
The stock market on Tuesday witnessed a downturn as performance indices declined by 0.43 per cent.
The upturn was impacted by gains in stocks such as MTN Nigeria, Zenith Bsnk, WAPCO, among others.
The market capitalisation gained N13 billion or 0.05 per cent to close at N26.961 trillion from N26.947 trillion recorded at the previous section.
The volume of shares traded closed lower as investors bought and sold 146.99 million shares worth N2.65 billion in 3,180 deals.
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.
