The Nigerian stock market maintained its positive momentum on Tuesday, adding N203 billion in value despite more equities closing lower than higher.
Demand for stocks lifted the market capitalisation to N89.6 trillion, up from N89.4 trillion on Monday. This represented a 0.23 percent gain.
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The All-Share Index also advanced by 321.59 points to close at just over 141,700, compared with just under 141,500 in the previous session.
Market breadth, however, was negative, with 34 losers against 27 gainers. Trading activity was stronger, with 605 million shares worth N12.8 billion exchanged in more than 28,000 deals, compared to 591 million shares valued at N11.7 billion traded in about 33,300 deals the day before.
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