The Nigerian stock market continued its positive run on Tuesday as investors gained about N126 billion, reflecting a 0.12 percent increase in market value. Data from the Nigerian Exchange showed that total market capitalisation climbed to N106.088 trillion, up from N105.962 trillion recorded in the previous trading session.

In the same direction, the All-Share Index (ASI) also rose by 0.12 percent, adding 196.26 points to close at 165,713.82. This improvement was supported by renewed buying interest in several medium- and large-cap stocks, including Union Homes Real Estate, SCOA, Deap Capital Management, Morison, and RT Briscoe. Market breadth closed positive, with 33 stocks gaining against 26 losers.

Union Homes Real Estate Investment, SCOA, and Deap Capital Management led the gainers, each rising by 9.94 percent to close at N86.25, N28.75, and N8.63 per share respectively. On the other hand, Austinlaz topped the losers’ chart after dropping by 9.96 percent to close at N4.34. Other stocks that closed lower included Neimeth International Pharmaceutical, Prestige Assurance, Africa Prudential, and Veritas Kapital.

Trading activities were mixed during the session, as total volume traded declined by 20 percent and the number of deals fell by 29 percent, while transaction value rose slightly by 0.43 percent. Investors exchanged 483.09 million shares worth N17.4 billion in 41,499 deals. Access Corporation led by volume with 26.46 million shares traded, while Guaranty Trust Holding Company emerged as the most traded stock by value for the second straight session, with trades worth N2.49 billion.