The Nigerian stock market on Wednesday grew for the sixth straight session, gaining over one trillion naira on continued buying interest in all sector of the market.

The All Share Index appreciated by 1.22%, closing at 121,257.69 points from the previous close of 119,790.82 points.

The gain so far this week has reinforced investor confidence and keeping the stock market on a positive trajectory as the Market Capitalisation grew by 1.57% to close at N76.761 trillion from the previous close of N75.576 trillion.

An aggregate of 861.7 million units of shares were traded in 22,896 deals, valued at N26 billion.

The Market Breadth closed positive as 63 equities emerged as gainers against 17 equities that declined in their share prices.

Percentage Gainers

OANDO and Dangote Sugar led other gainers with 10.00% growth each to close at N68.75 and N48.40 from the previous close of N62.50 and N44.00 respectively.

Champion Breweries, L & I Leasing and CWG among other gainers also grew their share prices by 9.98%, 9.98% and 9.95% respectively.

Percentage Losers

University Press led other price decliners as it sheds 6.25% of its share price, closing at N6.00 from 6.40 on Tuesday.

RTBRIESCOE and MULTIVERSE among other price decliners also shed their share prices by 6.12% and 4.89% respectively.

Volume Drivers

Fidelity Bank traded about 83 million units of its shares in 655 deals, valued at about N1.66 billion.

CAVERTON traded about 64 million units of its shares in 290 deals, valued at about N320 million.

Zenith Bank traded about 61 million units of its shares in 1,408 deals, valued at N3 billion.