Nigerian stock market extends rally as investors gain N1.64tn

The Nigerian stock market on Tuesday, maintained its upward momentum, with investors gaining N1.639 trillion as bullish sentiment continued to dominate trading activities.
Data from the Nigerian Exchange Limited, NGX, showed that market capitalisation increased by 1.06 per cent to close at N154.484 trillion, compared to N152.845 trillion recorded in the previous trading session.
Likewise, the All-Share Index, ASI advanced by 2,524.00 points, representing a 1.06 per cent increase, to settle at 240,743.19 from 238,219.19 posted on Monday.
As a result, the market’s Year-to-Date, YTD return improved to 54.71 per cent, while market breadth closed positive with 33 gainers and 23 losers.
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