The market capitalization, which began at N62.763 trillion, increased by N155 billion, or 0.25 percent, closing at N62.918 trillion. The All-Share index also rose by 0.25 percent, equivalent to 254 points, finishing at 103,180.14, compared to 102,926.40 reported on Tuesday. Consequently, the Year-To-Date (YTD) return was recorded at 0.25 percent.
Market breadth concluded positively, with 58 stocks gaining and eight declining. Cornerstone Insurance, Cutix Plc, International Energy Insurance Plc, NCR Nigeria, and Axa Mansard Insurance topped the gainers' list, each rising by 10 percent to close at N3.96, N2.53, N1.87, N5.50, and N9.02 per share, respectively.
On the downside, Ellah Lakes Plc led the decliners with a drop of 4.75 percent, closing at N3.01, followed by National Salt Company, which fell by 4.31 percent to N30 per share. Computer Warehouse Group experienced a decline of 3.25 percent, closing at N7.45, while Fidelity Bank decreased by 2.86 percent to N17. International Breweries Plc also saw a reduction of 0.90 percent, closing at N5.50 per share.
An analysis of market activities indicated that trade turnover was lower compared to the previous session, with transaction values decreasing by 85.95 percent. A total of 829.75 million shares, valued at N5.67 billion, were traded across 11,752 deals, in contrast to the previous session's 437.76 million shares valued at N40.34 billion across 8,830 deals.
Royal Exchange led in trading volume with 290.99 million shares, while Access Corporation topped in transaction value, amounting to N430.78 million.