The gain was driven by price appreciation in large and medium stocks.
The weak performance was driven by sell-off in shares of GTCO, UBA, Access Holding and FBN Holdings.
The major drivers of the weak performance were Zenith Bank, First Bank of Nigeria Holding, Access Bank Holding and Stanbic Bank.
The Year-to-Date gain increased to 16.34 per cent, but the market breadth was negative as 10 stocks advanced and 16 declined.
Nigerians abroad have long relied on Boss Revolution to keep in touch with family members back home at affordable rates.
The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are: BUA Foods, WAPCO, FBN Holdings and Accesscorp.
The negative performance was majorly driven by selloffs in banking stocks.
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.
The market capitalisation increased by N390.92 billion.
Losses were recorded in high capitalised stocks such as MTN Nigeria and Guaranty Trust Holding Company GTCO, amongst others.
