Find out more as investors celebrate market extending gains by N1.8trn

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: Bloomberg
Source: Getty Images

At the close of trading,