The gain was driven by renewed buying interest in large and mid-cap stocks.
The Nigerian equities market extended its bearish trend on Thursday, marking the fourth consecutive session of losses as investors’ wealth declined by N580 billion.
The Nigerian equities market resumed its bullish trend on Thursday, as investors gained N73 billion on renewed buying interest in selected stocks.
The Nigerian equities market extended its rally on Monday, lifting market capitalisation above N160 trillion as investors recorded a combined gain of N3.162 trillion.
The market breadth closed positive with 53 gainers and 23 losers.
The Nigerian Exchange Ltd. (NGX) market capitalisation, which opened at N92.477 trillion, rose by N1.003 trillion, or 1.08 per cent, to close at N93.480 trillion.
The market capitalisation, which opened at ₦95.171 trillion, added ₦963 billion or 0.01 per cent to close at ₦96.134 trillion.
Meanwhile, the market breadth closed positive with 39 gainers against 34 losers.
The market capitalisation fell by N90 billion to N27.713 trillion from N27.803 trillion at the last trading.
Market sentiment, as measured by market breadth, was negative, as 22 stocks declined, while 15 posted gains.
