On Tuesday, the NGX All Share Index saw a 0.48% increase, closing at 104,744 points due to steady market sentiment and sectoral gains. The commercial services sector led with a significant climb of 5.49%, while consumer non-durables and transportation sectors also saw positive movements. Conversely, electronic technology, health technology, and energy minerals faced declines. The banking sector showed robust performance with notable gains from major banks despite ongoing international trade challenges. Overall, the market appears cautiously optimistic due to initiatives aimed at bolstering bilateral relations with China.
Nigerian equities advanced on Tuesday as the NGX All Share Index rose 0.48%, supported by selective sectoral gains and steady market sentiment.
The banking sector performed well, with Guaranty Trust Holdings, Zenith Bank, and Access Holdings recording gains, amidst ongoing challenges in international trade.
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