The upturn was impacted by gains recorded in medium and large capitalised stocks.
The market positive performance was driven by price appreciation in large and medium capitalised stocks.
The positive sentiment was spurred by buying interests in Dangote Cement and 15 other equities, halting a three-day losing streak.
The market loss was driven by price depreciation in large and medium capitalised stocks.
The downturn was as a result of investors’ sell interest in the insurance sector.
Transactions on the nation’s bourse maintained a positive outlook on Tuesday, with the market capitalisation growing further by N163 billion, amid foreign investors’ interest.
The All-Share Index appreciated by 62.26 points or 0.16 per cent to close at 38,547.08 from 38,484.82 posted on Thursday.
Analysts predict that the sell pressure would persist as investors adjust their holdings following CBN’s shut out of BDCs from forex supply.
The MPC is expected to hold its fourth meeting of the year on July 26 and July 27.
Total drove the gainers’ chart with 10 per cent to close at N184.80 per share.
