The Nigerian stock market continued its upward trajectory, with a gain of N212 billion on Wednesday.
This marks the third positive trading session in a week.
Market capitalisation rose by N212 billion or 0.28 per cent, closing at N76.970 trillion when compared to N76.758 trillion recorded on Tuesday.
Similarly, the All-Share Index (ASI) climbed by 335.74 points or 0.28 per cent to reach 121,989.67 as against 121,653.93 recorded on Tuesday.
The upward trend was driven by increased buying interest in stocks like: Omatek, Red Star Express, RT Briscoe, Cileasing and 56 other stocks.
Also, the market breadth closed positive with 60 gainers and 21 losers.
FG20203151 led the gainers chart, increasing by 12.10 per cent, closing at N108.20 while Omatek grew by 10 per cent, ending the session at N1.21 per share.
RT Briscoe rose by 10 per cent, settling at N3.85 and Red Star Express also climbed by 10 per cent, finishing at N11.11 per share.
Similarly, Cileasing soared by 10 per cent, closing at N7.26 per share.
On the flip side, Legend Internet dropped by 8.05 per cent, settling at N8 while Guinea Insurance declined by 7.14 per cent, finishing at N1.04 per share.
Eterna fell by 4.65 per cent, closing at N41, and ETranzact lost by 4.44 per cent, ending the session at N8.60 per share.
Regalins shed by 4.35 per cent, finishing at 88k per share.
888.70 million shares worth N15.609 were traded across 24,303 transactions, compared to the previous day’s N1 billion shares worth N19.48 billion that was exchanged across 24,770 transactions.
Transactions in the shares of Ja Paul Gold led the activity chart with 137.34 million shares worth N410.88 million.
Access Corporation followed by 83.04 million shares valued at 1.85 billion while AIICO Insurance traded 50 million shares worth N95.3 million.Universal Insurance sold 41.95 million shares valued at N30.52 million and Ellah Lakes transacted 31.94 million shares worth N330.97 million.
