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The stock market extended its positive momentum as investors gained N1.865 trillion, with buying interest across all major sectorThe rally was driven by buying pressure in industrial goods, insurance, oil & gas, consumer goods, and banking stocksZichis, Cadbury Nigeria, and NAHCO were among the top gainers, while Critical Minerals Financing Corp, Trans-Nationwide Express
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Nigerian stock market closed higher on Tuesday, July 7 as sustained buying interest across major sectors boosted investors’ wealth by N1.865 trillion.
Data showed that the market rally was driven by gains in industrial goods, insurance, oil & gas, consumer goods, and banking stocks, with all the key sectoral indices closing in positive territory.
Investors gained N1.87 trillion as the Nigerian stock market closed higher on Tuesday. Photo: BloombergSource: Getty Images
At the close of trading,
