Investors in the Nigerian equities market gained N16 billion at the close of trading on Tuesday.
This followed the surge in the share prices of stocks such as Skye Shelter Fund Plc, Royal Exchange Insurance and International Energy Insurance, among others, on the trading floor.
The benchmark All-Share Index (ASI) surged to 147,742.22 points from the 147,710.96 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation increased to N93.77 trillion from N93.76 trillion posted by the bourse on Tuesday.
The market breadth was positive with 33 stocks advancing, 28 stocks declining, and 85 stocks remaining unchanged in 23,017 deals.
An aggregate of 389,113,908 units of shares was traded, valued at N12.4billion
Skye Shelter Fund Plc, Royal Exchange Insurance and International Energy Insurance led other gainers with 9.88%, 7.37% and 6.05% growth each in share prices to close at N418.75, N2.33, and N2.98 from the previous N381.10, N2.17, and N2.81 per share.
TrippleG, Industrial Medical Gases, and UAC Nigeria led other price decliners with a 9.91%, 9.87%, and 6.46% dip in share price to close at N4.91, N32.40, and N68.00 per share, down from the previous N5.45, N35.95, and N72.70 per share.
On the volume index, Fidelity Bank Plc led trading with 46 million shares in 514 deals, followed by Chams Plc, which traded 24 million shares in 537 deals.
Zenith Bank Plc traded 20 million shares in 1,013 deals.
On the value index, Zenith Bank Plc traded stocks valued at N1.4 billion in 1, 013 deals, followed by Nigerian Breweries, which traded equities worth N1.2 billion in 295 deals.
Fidelity Bank traded shares valued at N942 million in 514 deals.