The Nigerian stock market continued its upward trend on Tuesday, July 16, 2024, with the NGX All-Share Index gaining 11 basis points to close at 100,075.59 points

This growth was driven by strong investor interest in stocks such as Zenith Bank, First Bank of Nigeria Holdings, United Bank for Africa, Ecobank Transnational Incorporated, Access Corporation, Flour Mills, and 13 others.

As a result, the year-to-date return rose to 33.84%, and the market capitalization increased to N56.67 trillion, with investors’ wealth growing by N62.03 billion.

The market activity was positive, with a 1.65% increase in volume traded and a 0.78% increase in value traded, reaching 368.39 million units and N7.42 billion,