NSE: Market rallies marginally on renewed interest in oil & gas stocks May 13, 2020

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Simonson Harry

Well-Known Member
Apr 21, 2020
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High demand for the shares of Mobil and Total was instrumental in the Nigerian bourse’s first gain in four days on Wednesday.

The Oil and Gas Index consequently came top among the sector indices, gaining 2.66% even though trade remained generally low across the market relative to pre- COVID-19 days.

20 gainers emerged as against 8 losers, making the market achieve a positive breadth.

The All Share Index (ASI) inched up by 0.06% to close at 23,709.44 basis points. Market capitalisation added up N7.055 billion as it rose to N12.356 trillion at the end of today’s session.

Year to date, the index is down by 11.67%.