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  • Business - Market Data
  • Updated: May 07, 2021

Oil and Gas index Index Surges As Conoil Tops Gainers

Oil and Gas index Index Surges As Conoil Tops Gainers

The Oil and Gas Index soared 6.48 percent to 279.6 index points on Thursday as the continuous gains in oil prices have whipped up more investor interest.

While the stock market lost N167.10 billion, with the All-Share Index down by another 0.81 percent to 39114.73 index points, Conoil and Seplat led the oil and gas sector into gains.

Top 5 Gainers

Conoil Plc led 24 gainers on Thursday, rising 10 percent, or ₦1.70, to close at ₦18.70 per share.

Courteville Business Solutions Plc shared the top spot as it also gained 10 percent or 2kobo, to close at 22kobo per share.

Seplat Petroleum Development Company Plc followed closely with a 9.99 percent increase, worth ₦54.9, to close trading at ₦ 549.5 per share.

Linkage Assurance Plc continued a gentle recovery from its previous price crash, gaining 8.62 percent worth 5 kobo, to close trading at 63kobo per share.

Access Bank Plc continued its winning streak with a 5.18 percent gain, worth 40kobo, to close trading at ₦8.10 per share.

Top 5 Decliners

B.O.C Gases Plc led 22 losers on Thursday, declining 9.99 percent, or N1.36, to close trading at N12.25 per share.

Livestock Feeds Plc was tied on the top spot, ending a flat trading streak with a 9.99 percent decline worth 19kobo to close at N1.73 per share.

S C O A Nig Plc dropped 9.66 percent, or 23kobo, ending a long flat trading streak to close trading at N2.15 per share.

Red Star Express Plc dropped 9.59 percent, or 33kobo in its share price after an extensive period of flat trading to close at N3.11 per share.

Regency Assurance Plc fell 9.38 percent, or 3kobo, giving away the month's gains to close trading at 29kobo per share.

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