A price increase boosts the stock market by 18 billion

In 3,505 transactions, the total volume traded fell by 30.1% to 1.27 billion units, worth N3.98 billion.The stock market closed on Wednesday with a gain of N18 billion, closing at N27.871 trillion, up from N27.852 trillion on Tuesday.Additionally, the All-Share Index increased by 39.49 points, or 0.08 percent, to close at 51,178.41 from 51,138.92 the previous session. The price growth in major and medium capitalized equities, including Stanbic IBTC Holdings, International Breweries, PZ Cussons Nigeria, Nigerian Aviation Handling Company (NAHCO), and Transnational Corporation (Transcorp), was what propelled the market's gain. As measured by market breadth, market sentiment closed positive as 25 stocks gained relative to eight losers.