The Nigerian equity market experienced a recovery on Tuesday, with an increase of N67 billion following six consecutive days of losses that culminated in a decline of N1.6 trillion.

This recovery led to a 0.12 percent rise in the All Share Index, which concluded at 95,895.92 points, up from the prior closing figure of 95,781.68 points.

Market capitalization rose to N54.448 trillion, reflecting this gain. During the trading session, a total of 1.01 billion shares were exchanged across 8,295 transactions, amounting to a value of N7.69 billion.

Despite this positive movement, the year-to-date growth remains at 28.62 percent, while the month-to-date and week-to-date figures are at negative 1.93 percent and negative 1.24 percent, respectively.

The market breadth ended on a negative note, with 19 equities gaining and 24 equities losing value.

Notable gainers included Learn Africa, which closed at N3.87 per share, marking a 9.94 percent increase; Oando at N43.30, up by 9.90 percent; Cutix at N2.90, reflecting a 9.85 percent rise; RT Briscoe at N2.05, with a 9.63 percent increase; UPL at N2.66, up by 8.57 percent; and Tantalizer at N0.52, representing an 8.33 percent gain.

Conversely, the top losers included Thomas Wyatt, which saw a decline of 9.71 percent to close at N1.58 per share; Omatek Ventures at N0.68, down by 6.85 percent; FTN Cocoa Processors at N1.92, reflecting a 6.80 percent decrease; Neimeth International Pharmaceutical Plc at N1.90, down by 5.00 percent; The Initiate Plc at N2.15, with a 4.44 percent decline; and Japaul Gold at N2.20, down by 4.35 percent.

At the conclusion of the trading day, a total of 1.01 billion shares were traded in 8,295 transactions, corresponding to a market value of N7.69 billion.

This represented a 150 percent increase in trading volume compared to the previous day, although the number of transactions decreased by 11 percent.

Jaiz Bank achieved the highest trading volume, recording 651 million shares, followed by Sterling Bank with 53.9 million shares, International Breweries with 28.4 million shares, and FCMB Group with 21.9 million shares.

The Nigerian Stock Exchange continued its downward trend for the sixth consecutive trading session, resulting in a loss of N1.6 trillion during this timeframe. The All Share Index decreased by 1.36 percent, closing at 95,781.68 points, a decline from the previous closing figure of 97,100.31 points, while the market capitalization decreased by N750 billion, settling at N54.40 trillion on Monday.