The Nigerian stock market continued its winning streak on Tuesday, with investors collectively gaining ₦963 billion. The market capitalisation rose to ₦96.134 trillion, while the All-Share Index inched up by 0.01%, closing at 151,456.91 points. Key stocks like SCOA Nigeria, Omatek, BUA Foods, and Vitafoam led the charge, fueling the market’s positive momentum.
Despite the rally, market breadth closed slightly negative with 30 losers versus 28 gainers. Livingtrust Mortgage Bank and Conoil were among the top losers, while SCOA Nigeria led on the gainers’ list with a 7.74% increase. Trading was active with over 551 million shares exchanged worth ₦20.54 billion, where Fidelity Bank topped volume charts.
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