The All Share Index (ASI) rose by 283.27 points, representing an increase of 0.55 per cent to close at 51,729.87 points. While the overall market capitalisation value gained N154 billion to close at N28.176 trillion.
The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; BUA Cement, PZ Cussons Nigeria, Champion Breweries, Guaranty Trust Holding Company (GTCO) and Nigerian Exchange Group (NGX Group).
Analysts at GTI Securities Limited said: “we expect positive sentiments to continue as investors take position for the year.”