After three consecutive sessions of losses, the Nigerian stock market recovered by 0.17 per cent on Wednesday as investors improved interest in Tier-one banking stocks.
Gains in Guaranty Trust Holding Company (GTCO), Zenith Bank, and FBN Holding, amongst other advanced equities, were the primary drivers of the positive performance of the broader index.
Consequently, investors gained N95 billion or 0.17 per cent, as the Nigerian Exchange Ltd. (NGX) market capitalisation opened at N56.126 trillion and closed at N56.221 trillion.