The Nigerian equities market closed on a positive note, gaining N88 billion.
The market was buoyed by significant price appreciation in some major stocks including Wapco Nigeria Plc and Nascon.
This resulted in Market capitalisation growing by 0.06 per cent to N140.523 trillion from N140.435 trillion reported the previous day.
The NGX All Share Index also appreciated by 135.97 basis points to 218249.81 points from 218113.84 points it closed on Monday.
Although the market dominated with bears, gains recorded in some major stocks outweigh losses reported in the shares of AccessCorp and others.
The volume of trades declined by 154.38 million, representing 16.09 per cent as investors traded 894.912 million against 959.293 million reported on Monday. The value of transactions also went down by 12.91 per cent to settle at N42.878 billion.
An analysis of the investment showed that Nascon led gained table with 10 per cent to N171.60 per unit, Union Dicon followed with a gain of 9.92 per cent to close at N19.95 per unit, Wapco added 9.64 per cent to close at N273.00 per share, TransExpress went up 8.27 per cent to close at N7.20 per unit UACN added 7.84 per cent to close at N110.00 per share.
On the contrary, Legend Internet topped losers chart, dropping by 9.92 per cent to close at N8.30 per unit, Abbey Building Society trailed at 9.59 per cent to close at N5.63 per unit, Stanbic IBTC down by 8.96 per cent to close at N6.60 per unit, Access Holdings Company fell by 8.83 per cent to close at N29.95 per unit. Veritas Kapital dropped by 7.50 per cent to close at N1.85 per share.
Transactions in the shares of AccessCorp led market activities with 110.813 million shares valued N3.551 billion, FCMB followed with 57.650 million shares worth N751.491 million, Fidelity Bank exchanged 44.809 million shares cost N1.004 billion, Zenith Bank traded 44.162 million shares valued at N5K.506 billion while UBA sold a total of 43.576 million shares valued at N2.192 billion.