49 percent or 473 points to close at 96,510.13, against 96,037.28 recorded on Monday. The development comes as Investors buy interest in Tier-one banking stocks, namely: Guaranty Trust Holding Company , Zenith Bank, FBN Holdings, United Bank For Africa and Access Corporation. Consequently, the Year-To-Date return rose to 29.07 percent. Also, market breadth closed positive with 49 gainers and 14 losers on the floor of the Exchange.
17, and Cutix Plc trailed by 6.25 percent to close at N3 per share. Vitafoam also lost 5.17 percent to close at N18.35; Transnational Corporation dropped 5.08 percent to close at N11.20; while Linkage Assurance shed N5 to close at 95k per share. Further analysis of the market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 45.08 percent. A total of 443.16 million shares valued at N5.