Bullish trading resurfaced on the Nigerian Exchange Limited on Tuesday, breaking a bearish run that had entered its sixth day as of Monday.
At the close of trading, the All-Share Index and Market Capitalisation rose by 0.10 per cent to 143,763.13 and N91.44tn, respectively, resulting in a gain of N94.47bn for investors.
Analysts maintained that sustained profit-taking had continued to pressure the overall performance of the local bourse, leading to bearish trading.
The positive turn in the market also coincided with the decision of the Monetary Policy Committee of the Central Bank of Nigeria to hold the benchmark rate at 27 per cent at the end of its last meeting of the year.