Bulls held sway as the Nigerian Equities market extended the previous day’s positive outing to close the day’s trading session in the green region amidst improved turnover.

The benchmark NGX All-Share Index (NGXASI) recorded an uptick of 393 basis points during today’s session. The index increased from 84,640.89 points to 87,970.37 points, representing a new milestone achieved.

The day’s positive performance was attributed to investors’ buying activities in major stocks like Access Holdings (+4.20%), Dangote Cement (+9.84%), MTN Nigeria (+1.77%), NASCON (+10.00%), Transcorp (+10.00%), Zenith Bank (+2.92%), BUA Cement (+9.96%) and 70 other stocks.

Consequently, the year-to-date return surged to 17.65%. In the same vein, the overall market capitalization increased by 3.93% to ₦48.14 trillion as investors fortune grew by ₦1.8 trillion.

Market activity for the day was positive as volume and value traded increased by 34.82% and 45.46% to close at 1.08 billion units and N16.05 billion respectively.

Meanwhile, the Nigerian Naira depreciated by 4.72% against the US Dollar in the NAFEM Window, closing at a rate of ₦878.57 per dollar.