The market positive performance was driven by price appreciation in large and medium capitalised stocks.
The market upturn was due to investors’ renewed buying interest in the financial and industrial sectors.
Specifically, the market capitalisation shed N19 billion.
An analysis of the price movement table indicated that market sentiment closed negative.
Overall, the market was positive with 29 stocks gainers relative to 16 losers.
In spite of the growth in market indicators, the market closed negative with 20 losers in contrast with 15 gainers.
In spite of the drop in market indices, the total volume of trades increased by 5.5 per cent to 214.17 million shares valued at N1.34 billion.
The positive performance was spurred by investors’ sustained buy interests in Dangote Cement and 20 others.
BUA Cement rose by 3.82 percent to close at N74.75.
Market capitalisation lost N16 billion to close at N21.474 trillion compared with N21.490 trillion recorded on Monday.
