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Investors gain N217b on positive trading

Investors on the Nigerian Exchange Limited on Thursday enjoyed a N217bn addition to their wealth at the close of trading.

The All-Share Index of the local bourse rose by 0.37 per cent to reach 96,924.86 points. The positive trading lifted market capitalisation by the same margin to N58.73tn. The year-to-date return now stands at 29.62 per cent.

Most sectors performed positively with insurance, consumer goods, oil and gas, and industrial goods indices rising by 1.84 per cent, 0.01 per cent, 1.77 per cent, and 0.02 per cent, respectively. However, the banking sector fell by 0.38 per cent.

In total, 33 stocks advanced, while 17 declined. Top gainers included Conoil (+10.00 per cent), Aradel (+10.00 per cent), Eunisell (+9.92 per cent), JohnHolt (+9.77 per cent), and paper company, Thomas Wyatt (+9.71 per cent).

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